1. (1) The foreclosure publication amount includes all interest accrued as of the date of publication. According to ORS 311.505(2), interest is charged and collected at a specific rate per month, or fraction of a month, until paid. This applies to all years shown in the publication.

   Example: Publication date — Interest computed through August 16 — September 15 August 22 — September 15 September 17 — October 15

2. (2) The statutes direct that foreclosure proceedings begin three months after the day of delinquency of taxes of the latest year (ORS 312.050(1)). Newspaper publication schedules may cause the date of publication to vary. This example is not meant to encourage deviation from compliance with the statutes.

Statutory/Other Authority

ORS 305.100

Statutes/Other Implemented

ORS 312.030

History

REV 80-2017, minor correction filed 12/28/2017, effective 12/28/2017
REV 17-2017, f. & cert. ef. 6-15-17
Renumbered from 150-312.030(1)(d), REV 23-2016, f. 8-11-16, cert. ef. 9-1-16
RD 11-1990, f. 12-20-90, cert. ef. 12-31-90