For purposes of determining the tax exemption of the property under ORS 307.090 and the exemption of interest and penalty under ORS 311.520, a city acquires title to the property immediately following the sale of the property to the city as a result of foreclosure for delinquent assessment liens.

Statutory/Other Authority

ORS 305.100

Statutes/Other Implemented

ORS 311.520

History

Renumbered from 150-311.520, REV 28-2016, f. 8-12-16, cert. ef. 9-1-16
RD 5-1989, f. 12-18-89, cert. ef. 12-31-89