(1) As used in the property tax laws of this state: (a) “Land” means land in its natural state. For purposes of assessment of property subject to assessment at assessed value under ORS 308.146, land includes any site development made to the land. As used in this paragraph, “site development” includes fill, grading, leveling, underground […]
(1) As used in the property tax laws of this state, unless otherwise specifically provided: (a) “Intangible personal property” or “intangibles” includes but is not limited to: (A) Money at interest, bonds, notes, claims, demands and all other evidences of indebtedness, secured or unsecured, including notes, bonds or certificates secured by mortgages. (B) All shares […]
As used in this chapter and ORS chapters 305, 308, 310 and 311, “manufactured structure” means: (1) A manufactured dwelling as defined in ORS 446.003; (2) A structure that would meet the definition of “manufactured dwelling” in ORS 446.003 except that the structure is being used for other than residential purposes; (3) A prefabricated structure, […]
For purposes of the property tax laws of this state, the property of a limited liability company qualifies for an exemption from ad valorem property taxation or special assessment: (1) If the limited liability company is wholly owned by one or more nonprofit corporations or entities whose property is exempt from taxation under ORS 307.090; […]
(1) All real property within this state and all tangible personal property situated within this state, except as otherwise provided by law, shall be subject to assessment and taxation in equal and ratable proportion. (2) Except as provided in ORS 308.505 to 308.674, intangible personal property is not subject to assessment and taxation. [Amended by […]
(1) Unless determined under a provision of law governing the partial exemption that applies to the property, the maximum assessed value and assessed value of partially exempt property shall be determined as follows: (a) The maximum assessed value: (A) For the first tax year in which the property is partially exempt, shall equal the real […]
The assessor shall list and evaluate all real properties exempt from taxation under ORS 307.090, 307.120, 307.130, 307.140, 307.147, 307.150 and 307.160 and summarize the valuations of such properties in connection with the published summary of each year of assessed valuations of taxable properties of the county. [Formerly 307.310; 1993 c.777 §3; 1995 c.748 §8]
