Oregon — State Statute

Oregon Revised Statutes Chapter 311 § 311.525 — Property acquired by state remains subject to tax lien; cancellation of

Oregon Revised Statutes Chapter 311 ·
Oregon Code § 311.525 · Enacted · Last updated March 01, 2026
Statute Text
Property acquired by state remains subject to tax lien; cancellation of interest and penalties. If the State of Oregon acquires title to real property through foreclosure of mortgage held on the property by the state, or other means in settlement of existing indebtedness in favor of the state, upon which property taxes have become a lien prior to the acquisition, interest and penalties on the taxes hereby are canceled, but the lien or liens for the taxes shall remain on the property and be satisfied only by full payment of the principal amount thereof. Any lien for taxes attaching to any such real property prior to the execution of the deed to the state shall be a valid and subsisting lien thereon. [Amended by 1997 c.170 §49]
Plain English Explanation
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Key Points
Frequently Asked Questions
This section of Oregon law addresses Property acquired by state remains subject to tax lien; cancellation of . 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 § 311.525. Use this format in legal documents and court filings.
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