Certificate of sale to installment purchaser
- • records of sale
(1) When an applicant to purchase state lands desires to make payments in installments as provided in ORS 273.281 (Payment for state lands), the Department of State Lands shall, upon receipt of one-fifth of the purchase price of the land applied for, deliver to the purchaser a certificate that the purchaser has contracted to purchase the lands therein described. Upon performance under the contract and upon the surrender of the certificate of sale, the purchaser, or the heirs or assigns of the purchaser, shall be entitled to a deed issued under ORS 273.300 (Issuance of deed) for the lands therein described.
(2) The department shall maintain appropriate records of each sale. [Formerly 273.110]
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