For ad valorem tax purposes, real property that is subject to an easement, or a written cooperative agreement, for purposes of ORS 390.950 to 390.989 and 390.995 (2) shall be valued at its real market value, less any reduction in value caused by the easement or the written cooperative agreement, and assessed in accordance with ORS 308.232. The easement shall be exempt from assessment and taxation the same as any other property owned by the state. [1971 c.614 §13; 1981 c.804 §100; 1991 c.459 §395]
Section: Previous 390.956 390.959 390.962 390.965 390.968 390.971 390.974 390.977 390.980 390.983 390.986 390.989 390.990 390.992 390.995 NextLast modified: August 7, 2008