Oregon Revised Statutes Chapter 273 § 273.426 — Exchange of property; value
Oregon Revised Statutes Chapter 273 ·
Oregon Code § 273.426·Enacted ·Last updated March 01, 2026
Statute Text
Exchange of property; value.
(1) When property is exchanged under the authority of ORS 270.100, 270.110 and
270.130, the value of the real property accepted by the state in exchange for
any of its property plus cash, if any, shall not be less than the value of the
property relinquished by the state. The provisions of ORS 270.100, 270.110 and
270.130 do not apply when the state is exchanging property under this section.
(2) Property may
be exchanged in a transaction involving more than two parties or properties
under terms and conditions that reflect the provisions of subsection (1) of
this section. [1981 c.787 §13; 1991 c.816 §8]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 273.426
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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