2013 ORS § 275.240¹
Taxation of county lands sold under purchase agreement

Land sold under a purchase agreement in accordance with ORS 275.190 (Cash or installment sale) (1) is subject to taxation to the same extent as other privately owned real property. When a purchase agreement is canceled, as provided in ORS 275.220 (Procedure upon default or breach under land sale contract), the real property must be removed from taxation and all taxes then unpaid must be canceled. [Amended by 2005 c.243 §8]