OAR 150-311-0690
Timing and Repayment of Disqualified, Cancelled or Inactivated Accounts Under the Property Tax Deferral Program

(1) The Department of Revenue will pay property taxes to the county on behalf of each applicant that has been approved for the property tax deferral programs under ORS 311.666 (Definitions for ORS 311.666 to 311.701) to 311.701 (Senior Property Tax Deferral Revolving Account). Once the application is approved, the department will pay the taxes each year for as long as the property and deferral program applicant remain eligible. A lien will be placed on the property. The department tax-deferred property account will include the deferred taxes, lien fees, and interest on the deferred taxes.
(2) “Cancelled” means that the tax-deferred property has been removed from the deferral program at the written request of the tax-deferred property applicant, and not for reason of any of the events listed in ORS 311.684 (Events requiring payment of deferred tax and interest).
(a) If a tax-deferred property account is cancelled prior to September 1, the department will not pay the current year taxes to the county on behalf of the deferral program applicant.
(b) The department will pay the current year taxes to the county on behalf of the deferral program applicant if a tax-deferred property account is cancelled on or after September 1.
(c) A cancelled tax-deferred property account may be paid in full at any time after cancellation but no later than as required by ORS 311.686 (Time for payments).
(3) “Disqualified” means the tax-deferred property is no longer subject to property tax deferral and the department will no longer pay taxes on behalf of the deferral program applicant. In addition, the department will send notice of disqualification to the deferral program applicant requiring repayment of all deferred taxes, fees and interest by August 15 of the year following the calendar year in which any one of the events set forth in ORS 311.684 (Events requiring payment of deferred tax and interest) occurs.
(4) “Inactivated” means the department has determined that the deferral program applicant or tax-deferred property has become ineligible for deferral of future property taxes due to failure to meet eligibility requirements. If a tax-deferred property account is inactivated, the department will send the deferral program applicant a notice of inactivation and not pay current or future year taxes to the county on behalf of the deferral program applicant, but the department’s lien for deferred property taxes will remain on the property.
(5) The department will seek to collect a deferral debt from a transferee, as defined in ORS 311.666 (Definitions for ORS 311.666 to 311.701), in the following circumstances.
(a) The transferee is occupying or using the tax-deferred property more than 90 days following the deferral program applicant’s date of death, including use of the property as a lessor, and is a potential recipient of the property under intestate succession or by devise,
(b) The transferee received the tax-deferred property from the estate of the deceased applicant, or
(c) The transferee received a right to the property by gift or assignment from an insolvent deferral program applicant.
(6) If a probate proceeding has been initiated, the department shall suspend collection activity under subsections (5)(a) and (b) until the homestead has been transferred out of the estate.
(7) Notwithstanding section (5), bona fide purchasers or a person or entity that receives property outside of an estate, such as by operation of law, are not considered transferees unless they fall within section 5(c).
(8) The department may collect from a transferee or transferees the lesser of the following:
(a) The amount of the balance due per the department’s deferred property tax lien, including deferred taxes, interest and fees, or
(b) The positive amount remaining after subtracting outstanding debts under liens with higher priority than the department’s deferred property tax lien from the real market value on the last certified property tax roll preceding the disqualifying event for the county in which the property is located.
(9) The department will release its lien on the tax-deferred property only after all deferred taxes, interest and fees have been paid.
(a) Repayment of a disqualified account is due and payable to the department on or before August 15 of the year following the calendar year in which a disqualifying circumstance occurred.
(b) By itself, cancellation or inactivation of an account is not an event requiring repayment of all deferred taxes, interest and fees.

Source: Rule 150-311-0690 — Timing and Repayment of Disqualified, Cancelled or Inactivated Accounts Under the Property Tax Deferral Program, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=150-311-0690.

150‑311‑0100
Applying Offsets to Ad Valorem Tax Levies 150‑311‑0110
Form of Roll Changes and Notations 150‑311‑0140
What Is a Clerical Error 150‑311‑0150
Error Corrections and Valuation Judgment Under ORS 311.205 150‑311‑0160
Roll Correction for Nonexistent Property 150‑311‑0170
What is an “Error or Omission on the Roll of Any Kind” 150‑311‑0180
Corrections to County Assessment and Tax Rolls Made Under ORS 311.206 150‑311‑0190
Taxes Added to the Tax Roll as a Result of Error Correction 150‑311‑0200
Definition of “Distribute in the Same Manner as Other ad Valorem Property Taxes Imposed on the Property” for Error Corrections 150‑311‑0210
Property Subject to Assessment as Omitted Property 150‑311‑0220
Date Roll Corrected 150‑311‑0230
Definitions 150‑311‑0240
Procedure to Correct MAV When Square Footage Error Exists 150‑311‑0250
Contents of Property Tax Statements 150‑311‑0260
Prepayment of Property Taxes 150‑311‑0350
Written Direction Required for Payment Application from Agents Who Pay Taxes on Behalf of Taxpayer 150‑311‑0360
Monthly Tax Distributions to Districts 150‑311‑0500
Discount on Taxes as a Result of Addition of Current Year Value under ORS 311.208 150‑311‑0520
Date Property Becomes Exempt when Foreclosed by City for Delinquent Assessment Liens 150‑311‑0530
Interest on City Foreclosed Property 150‑311‑0540
“Certificate of Delinquency” Defined 150‑311‑0550
Interest on State of Oregon Foreclosed Property 150‑311‑0560
Fee for Service of Warrant Under ORS 311.605 to ORS 311.635 150‑311‑0570
Charges on the Personal Property Warrant 150‑311‑0650
Homestead Requirements 150‑311‑0656
Deferral criteria when applying with a reverse mortgage 150‑311‑0660
Data Requirements for Property Description on Tax Deferral Application 150‑311‑0670
Deferred Taxes Paid by the Department 150‑311‑0680
Senior Citizen’s Deferred Tax Lien Estimate 150‑311‑0690
Timing and Repayment of Disqualified, Cancelled or Inactivated Accounts Under the Property Tax Deferral Program 150‑311‑0700
Election by Spouse to Continue Tax Deferral 150‑311‑0710
Voluntary Payments on Property Tax Deferral Accounts 150‑311‑0720
Taxes Unpaid Before Approval of Senior Deferral Application 150‑311‑0730
Data Requirements for Property Description on Special Assessments Application 150‑311‑0740
Recording Special Assessment Deferral Liens in County 150‑311‑0750
Assessment District’s Responsibility to Collect Payments 150‑311‑0760
Process for Determining Recipient of Property Tax Refund 150‑311‑0770
Refunds Paid from the Unsegregated Tax Account 150‑311‑0780
Credit Balance Adjustment 150‑311‑0790
Refund Reserve Account 150‑311‑0800
Calculation of Interest on Refund 150‑311‑0810
Value Used to Activate Refund Reserve Account 150‑311‑0820
Prepayment of Ad Valorem Taxes, Computation of Accrued Interest, Allocation of Pay 150‑311‑0830
Determination of the Real Market Value Reduction Amount
Last Updated

Jun. 8, 2021

Rule 150-311-0690’s source at or​.us