Surplus from Disposition of Foreclosed Property | Midpage

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Oregon Revised Statutes

Surplus from Disposition of Foreclosed Property

Surplus from Disposition of Foreclosed Property

312.500Definitions 312.510Notices to be made public on State Treasury’s website 312.515Additional notices 312.520Retention, sale or transfer by county of foreclosed property; primary residences; public auction of unsold property; forgiveness of outstanding taxes upon retention or transfer to nonprofit; deposit of sales proceeds 312.530Determination of surplus; value of foreclosed property; allowable costs to county 312.540Claim of surplus; claims by heirs of former owner; claims based on valid lien or debt; former owner’s debts not extinguished 312.550Notice of surplus; surplus, description of property, names of claimants and claim process to be published on state and county websites 312.560Surplus as unclaimed property; county to deliver surplus to State Treasurer; rules; no action for damages