Oregon Revised Statutes Chapter 307 § 307.530 — Termination if property held for future development or other purpose;
Oregon Revised Statutes Chapter 307 ·
Oregon Code § 307.530·Enacted ·Last updated March 01, 2026
Statute Text
Termination if property held for future development or other purpose;
additional taxes.
An exemption granted under ORS 307.515 to 307.523 shall be immediately
terminated and additional taxes imposed as provided in ORS 307.531 if the
exempt property:
(1) Is being held
for future development of low income rental housing; and
(2) Is used for
any purpose other than the provision of low income rental housing. [1997 c.752 §10]
Plain English Explanation
This Oregon statute addresses Termination if property held for future development or other purpose;
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 307.530
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Termination if property held for future development or other purpose;
. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 307.530. Use this format in legal documents and court filings.
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