ORS 312.120
Period during which property held by county

  • redemption
  • assessment during redemption period
  • redemption of part of property

(1)

Except as provided in ORS 312.122 (Reduced redemption period when property subjected to waste or abandonment), all real properties sold to the county under ORS 312.100 (Order for sale of properties to county), shall be held by the county for the period of two years from and after the date of the judgment of foreclosure, unless sooner redeemed.

(2)

During the two-year period any person having an interest in the property at the date of the judgment of foreclosure, or any heir or devisee of such person, or any person holding a lien of record on the property, or any municipal corporation having a lien on the property, may redeem the property by payment of the full amount applicable to the property under the judgment, with interest thereon as provided by law, plus a penalty of five percent of the total amount applicable to the property under the judgment and a fee as specified under subsection (5) of this section. The penalty of five percent and fee shall be in lieu of all costs chargeable against the property in connection with the foreclosure proceeding. The fee shall be used to defray the costs, among other costs, incurred by the county to provide the notices of redemption period expiration to lienholders and others required under ORS 312.125 (Notice to owner or lienholder of expiration of period of redemption).

(3)

Property so redeemed shall be subject to assessment for taxation during the period of redemption, as though it had continued in private ownership.

(4)

Any person holding a mortgage or other lien of record covering a part only of a particular parcel of real property included in the judgment of foreclosure may redeem such part by payment of the proportionate amount applicable thereto under the judgment.

(5)

The fee specified by this subsection is as follows:

(a)

If the property is redeemed before the date the notice by certified mail required by ORS 312.125 (Notice to owner or lienholder of expiration of period of redemption) is given, $50.

(b)

If the property is redeemed on or after the date the notice by certified mail required by ORS 312.125 (Notice to owner or lienholder of expiration of period of redemption) is given, the greater of $50 or the actual cost to the county for a title search and other expenses related to obtaining a title search. [Amended by 1983 c.472 §2; 1987 c.311 §7; 1989 c.687 §2; 1999 c.22 §1; 2003 c.576 §420]

Source: Section 312.120 — Period during which property held by county; redemption; assessment during redemption period; redemption of part of property, https://www.­oregonlegislature.­gov/bills_laws/ors/ors312.­html.

Notes of Decisions

Where judgment was inadvertently rendered for less than full amount of delinquency, payment of judgment amount entitled taxpayer to certificate of redemption. Petersen v. Gangle, 135 Or App 514, 899 P2d 725 (1995)

312.005
“District attorney” described
312.010
When real property subject to tax foreclosure
312.020
Supervision by Department of Revenue
312.030
Annual foreclosure list
312.040
Notice of proceeding
312.050
Instituting foreclosure proceedings
312.060
Application for judgment foreclosing lien
312.070
Answer and defense to application by person interested
312.080
Summary hearing
312.090
Judgment
312.100
Order for sale of properties to county
312.110
Removal of property from foreclosure proceedings
312.120
Period during which property held by county
312.122
Reduced redemption period when property subjected to waste or abandonment
312.125
Notice to owner or lienholder of expiration of period of redemption
312.130
Release of claims of county by redemption
312.140
Notice of foreclosure list to lienholder
312.150
Effect of failure to give notice to lienholder when requested
312.160
Lienholder paying taxes or redeeming gets additional lien for amount paid
312.170
Municipal or other public corporation removing property from foreclosure list or proceeding or redeeming
312.180
Possession during redemption period
312.190
General notice of expiration of redemption period
312.200
Deed to county
312.210
Appeal
312.214
Public policy relating to title obtained by county by tax foreclosure
312.216
Conclusive presumptions of notice resulting from tax foreclosure
312.218
Constructive possession by county
312.230
Limitations on proceedings affecting foreclosure sale
312.240
Vacation of judgment
312.250
Certain rights of municipal corporations not affected by ORS 312.010 to 312.120 and 312.130 to 312.240
312.260
Lands acquired by county by tax foreclosure where title fraudulently concealed from owner
312.270
Title of county purchasing property
312.290
Sale of property on which there are unpaid assessments applicable to defaulted bonds of a city or town
312.300
Effect of irregularities and omissions on sales made pursuant to ORS 312.270 or 312.290
312.310
Accepting deed where timber fire reduces value of property
312.360
Tax sales to counties or other public corporations validated
312.370
Certain tax sales validated
312.380
Effect of failure to issue certificate of sale prior to 1939
312.390
Request by lienholder for notice of proposed sale for delinquent city assessments or liens
312.400
Giving notice to lienholder
312.410
Effect of failure to give notice when requested
312.420
Application of ORS 312.390 to 312.410 to other than treasurer of city
312.990
Penalties
Green check means up to date. Up to date