Oregon Revised Statutes Chapter 271 § 271.350 — Determining valuation of property in exchanges
Oregon Revised Statutes Chapter 271 ·
Oregon Code § 271.350·Enacted ·Last updated March 01, 2026
Statute Text
Determining valuation of property in exchanges.
The value of the respective
properties proposed to be exchanged shall be determined by the governing body
of the political subdivision. The governing body shall cause it to be appraised
by one or more competent and experienced appraisers. The compensation, if any,
of the appraisers shall be borne equally by the respective owners of the
property. In case the valuation shall not be mutually satisfactory to the
respective owners it shall not be binding upon them. [Amended by 1981 c.787 §31]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 271.350
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Determining valuation of property in exchanges. Read the full statute text above for details.
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The formal citation is Oregon Code § 271.350. Use this format in legal documents and court filings.
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