ORS 18.967¹
Redemption amount payable to redemptioner

Subject to ORS 18.968 (Setoff for rents, income and profits realized by certificate holder), a claimant may redeem property from a redemptioner by paying to the sheriff:

(1) The amount paid by the redemptioner, with interest on that amount at the rate of nine percent per annum from the date of payment;

(2) The amount owing on the lien of the redemptioner, unless the payment is made by a lien claimant and the lien claimant has a lien that has a priority that is superior to the lien of the redemptioner;

(3) The amount of any taxes the redemptioner has paid on the property, with interest at the rate of nine percent per annum from the date of payment;

(4) Any amounts necessarily expended by the redemptioner to prevent waste, with interest at the rate of nine percent per annum from the date of payment; and

(5) Any amounts that the redemptioner has paid on liens superior to the lien of the redemptioner, with interest at the rate of nine percent per annum from the date of payment. [2005 c.542 §42]

Notes of Decisions

Under Former Similar Statute (ORS 18.578)

Ability of lien creditor to redeem prop­erty from pre­vi­ous lien creditor redemp­tioner does not limit redemp­tion right of judg­ment debtor or mortgagor. Duree v. Blair, 179 Or App 534, 40 P3d 540 (2002)

Notes of Decisions

Under Former Similar Statutes (ORS 18.565 to 18.598)

Redemp­tion statutes are remedial and are to be liberally construed. Silbernagel v. Goin, 31 Or App 545, 570 P2d 1011 (1977), Sup Ct review denied

Law Review Cita­tions

Under Former Similar Statutes (ORS 18.565 to 18.598)

67 OLR 287 (1988)

1 Legislative Counsel Committee, CHAPTER 18—Judgments, https://­www.­oregonlegislature.­gov/­bills_laws/­Archive/­2007ors18.­pdf (2007) (last ac­cessed Feb. 12, 2009).
 
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2007, Chapter 18, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­018ano.­htm (2007) (last ac­cessed Feb. 12, 2009).
 
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information