Relating to acquisitions of real property by foreclosure for delinquent taxes; prescribing an effective date.

Summary

The measure creates a framework for homeowners and condo associations to continue assessing fees on land that a county has acquired through tax foreclosure, and it defines how those assessments become a lien. It also amends existing Oregon statutes to clarify the priority of association liens, the recording process, and foreclosure procedures. The bill impacts associations, county governments, and anyone who later receives title to a foreclosed parcel.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share