Oregon Statutes 327.475 – When county court may acquire mortgaged lands deeded to state
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Whenever the Department of State Lands receives a deed as described in ORS § 327.465, the county court of the county in which the lands are situated may, within one year from the recorded date of such deed, acquire from the state the property so conveyed by paying to the state the total amount of the state’s investment in the property.
Terms Used In Oregon Statutes 327.475
- County court: includes board of county commissioners. See Oregon Statutes 174.100
- Deed: The legal instrument used to transfer title in real property from one person to another.