Oregon Statutes - Chapter 223 - Local Improvements and Works Generally - Section 223.525 - Conduct of foreclosure sale.

Each piece or tract of land shall be sold, separately, and for a sum equal to but not exceeding the unpaid lien or final assessment thereon and the interest, penalty and cost of advertising and sale. If there is more than one bid the land shall be sold to the bidder first offering to take it for the amount accrued thereon. No levy upon such lots or parcels of land shall be required except that a notice shall be posted four consecutive weeks before the sale upon every lot or parcel. [Amended by 1977 c.403 §3; 1991 c.902 §59]

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Last modified: August 7, 2008