Oregon Statutes 311.696 – Limitations on effect of ORS 311.666 to 311.701
Current as of: 2023 | Check for updates
|
Other versions
Nothing in ORS § 311.666 to 311.701 is intended to or shall be construed to:
Terms Used In Oregon Statutes 311.696
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
(1) Prevent the collection, by foreclosure, of property taxes which become a lien against tax-deferred property.
(2) Defer payment of special assessments to benefited property which assessments do not appear on the assessment and tax roll.
(3) Affect any provision of any mortgage or other instrument relating to land requiring a person to pay property taxes. [1963 c.569 § 21; 1971 c.747 § 18; 1977 c.160 § 14]