Oregon Statutes - Chapter 311 - Collection of Property Taxes - Section 311.716 - Events requiring payment of deferred special assessment; duty to inform Department of Revenue.

(1) Subject to ORS 311.721, all deferred special assessments for local improvement, including accrued interest, become payable as provided in ORS 311.718 when:

(a) The taxpayer who claimed deferral of collection of special assessment for local improvement on the homestead dies.

(b) The homestead with respect to which deferral of collection of special assessment for local improvement is claimed is sold, or a contract to sell is entered into, or some person other than the taxpayer who claimed the deferral becomes the owner of the property.

(c) The homestead with respect to which deferral of special assessment for local improvement is claimed is no longer the homestead of the taxpayer who claimed the deferral, except in the case of a taxpayer required to be absent from the homestead by reason of health.

(2) The taxpayer or the taxpayerís representative shall have a duty to inform the Department of Revenue of the occurrence of an event described in this section on or before December 31 following the eventís occurrence. [1977 c.859 §6; 1985 c.167 §7; 1997 c.154 §18]

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Last modified: August 7, 2008