Oregon Statutes > Chapter 273 > Common School Grazing Lands
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Terms Used In Oregon Statutes > Chapter 273 > Common School Grazing Lands
- Appraisal: A determination of property value.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Department: means the Department of State Lands. See Oregon Statutes 273.006
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
- Land: includes water, water rights, easements of every nature and all appurtenances to land. See Oregon Statutes 273.006
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Material: includes gravel, rock, sand and silt, but does not include hard minerals subject to ORS § 274. See Oregon Statutes 273.006
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.