Terms Used In Oregon Statutes > Chapter 476 > General Provisions

• City: includes any incorporated village or town. See Oregon Statutes 174.100
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Fire protection equipment: means any apparatus, machinery or appliance intended for use by a fire service unit in fire prevention or suppression activities, excepting forest fire protection equipment. See Oregon Statutes 476.005
• 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}
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.