Oregon Revised Statutes Chapter 270 § 270.130 — have been complied with as to property administered by it and no
Oregon Revised Statutes Chapter 270 ·
Oregon Code § 270.130·Enacted ·Last updated March 01, 2026
Statute Text
have been complied with as to property administered by it and no
satisfactory proposal has been received, a state agency acting for the state in
the sale of real property or an equitable interest in real property that the
state owns may, beginning at any time no later than 18 months after completing
the process of giving notice under ORS 270.130, offer for sale the real
property or equitable interest in any manner that the state agency considers
appropriate, including such commercially reasonable means as through a real
estate licensee as set forth in ORS 696.007.
(2) If efforts by
a state agency to sell real property or an equitable interest pursuant to
subsection (1) of this section have been discontinued for a period of 12 months
or more, the state agency may not resume offering the real property or
equitable interest for sale pursuant to subsection (1) of this section without
first complying with the provisions of ORS 270.100, 270.110 and 270.130.
(3) The Oregon
Department of Administrative Services may adopt rules necessary to carry out
the provisions of this section. [1991 c.816 §9; 2017 c.205 §1]
Note:
Sections 1 and 2, chapter 418,
Oregon Laws 2025, provide:
Sec. 1.
Conveyance of surplus Rose Quarter Project property to Albina Vision Trust.
(1) Notwithstanding any other
provision of law, the Department of Transportation may, without first complying
with any provision of ORS 270.100 to 270.190 or 366.395 (1), offer to the
Albina Vision Trust, Inc., the following surplus real property of the
department relating to the Interstate 5 Rose Quarter Project:
(a) For sale or
lease, for any consideration, any or all of the states interest that was
acquired or developed with moneys not from the State Highway Fund; and
(b) For sale or
lease, at fair market value as determined by the Department of Transportation,
any or all of the states interest that was acquired or developed with moneys
from the State Highway Fund.
(2) Moneys
received under subsection (1)(b) of this section must be deposited into the
State Highway Fund.
(3) The Oregon
Department of Administrative Services shall take any actions necessary to
assist the Department of Transportation with any sale or lease of real property
under this section. [2025 c.418 §1]
Sec. 2.
Section 1 of this 2025 Act is
repealed on January 2, 2040. [2025 c.418 §2]
MANAGEMENT
Plain English Explanation
This Oregon statute addresses have been complied with as to property administered by it and no
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 270.130
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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