Oregon Statutes 312.180 – Possession during redemption period; forfeiture for waste
Current as of: 2023 | Check for updates
|
Other versions
The sale of property to the county on foreclosure for delinquent taxes does not affect the former owner’s right to possession of the property during the period of redemption. However, any waste of the property, committed by the former owner or by anyone acting under permission or control of the former owner, shall work a forfeiture to the county of the right to such possession and, in addition, shall be punished as provided in ORS § 312.990.
Terms Used In Oregon Statutes 312.180
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC