Oregon Department of Revenue

Rule Rule 150-307-0320
Definition of Elderly


Funded exemptions are granted to qualifying non profit homes for the elderly under ORS 307.241 (Policy) to 307.245 (Denial of exemption for failure to reflect exemption by rent reduction). For purposes of 307.241 (Policy) to 307.245 (Denial of exemption for failure to reflect exemption by rent reduction) and 307.375 (Type of corporation to which exemption under ORS 307.370 applicable), the term “elderly” refers to a person 62 years of age or older. This rule is to assist in determining the eligibility of a nonprofit home for a funded property tax exemption.
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Last accessed
Jun. 8, 2021