Portland Oregon Certificate of Redemption of Real Property

State:
Oregon
City:
Portland
Control #:
OR-LR010T
Format:
Word; 
Rich Text
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Description

These forms, which pertain to the transfer of legal title of property from one person to another, or the granting of an encumbrance such as a mortgage or a lien, have been
approved by the Commissioner of Commerce.
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How to fill out Oregon Certificate Of Redemption Of Real Property?

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FAQ

Under Oregon's Public Records Law, ?every person? has a right to inspect any nonexempt public record of a public body in Oregon.

Online information can be found through their two online databases, MultCoPropTax and MultCoRecords. You can also find basic property information, including ownership information, through Portland Maps . Title companies can also research the title to a piece of property. Generally, this will involve a fee.

Judicial foreclosures, in which the lender files a lawsuit in court, are also possible in Oregon. No redemption period following a nonjudicial foreclosure in Oregon. In Oregon, there is no redemption period after a nonjudicial foreclosure.

After the sale, the owner has 180 days to buy the property back from the purchaser for an amount equal to the auction price paid, plus interest and anything the purchaser had to pay for such items as taxes and maintenance. This is known as a right of redemption.

Counties in Oregon acquire fee title to tax foreclosed properties and do not sell tax liens or tax lien certificates. The first step in disposing of surplus real property with an assessed value of $15,000 or greater is to offer it at a public sale (auction).

If you wish to obtain a copy of a historical document, please contact our office for assistance at 541-774-6152. Please note that the Clerk's office does not perform title searches. Any research of historical documents may require a visit to the Recording Office in person to conduct your search.

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Portland Oregon Certificate of Redemption of Real Property