ORS 271.335
Relinquishing reversionary interest held by political subdivision

Any political subdivision, by resolution adopted by the governing body of the political subdivision, may waive and relinquish any reversionary interest held by the political subdivision in property transferred under ORS 271.330 (Relinquishing title of property not needed for public use) when the transfer occurred:

(1)

Not less than 20 years prior to the date on which the resolution is adopted; or

(2)

Less than 20 years prior to the date on which the resolution is adopted, if the political subdivision determines that waiving and relinquishing its reversionary interest is in the public interest. [1999 c.366 §3; 2019 c.112 §2]

Source: Section 271.335 — Relinquishing reversionary interest held by political subdivision, https://www.­oregonlegislature.­gov/bills_laws/ors/ors271.­html.

271.005
Definitions for ORS 271.005 to 271.540 271.080
Vacation in incorporated cities 271.090
Filing of petition 271.100
Action by city governing body 271.110
Notice of hearing 271.120
Hearing 271.130
Vacation on city governing body’s own motion 271.140
Title to vacated areas 271.150
Vacation records to be filed 271.160
Vacations for purposes of rededication 271.170
Nature and operation of statutes 271.180
Vacations in municipalities included in port districts 271.190
Consent of owners of adjoining property 271.200
Petition 271.210
Hearing 271.220
Filing of objections 271.230
Records of vacations 271.300
Application and administration of ORS 271.300 to 271.360 271.310
Transfer or lease of real property owned or controlled by political subdivision 271.320
Exchange of trust fund assets 271.330
Relinquishing title of property not needed for public use 271.335
Relinquishing reversionary interest held by political subdivision 271.340
Property valuation in exchange to be equal 271.350
Determining valuation of property in exchanges 271.360
Lease requirements 271.375
Public grazing lands 271.380
Indemnifying political subdivision for loss or damage resulting from occupancy of its property 271.390
Lease or purchase of real estate by public body or council of governments 271.400
Conveyances by political subdivision to state 271.405
Transfer of property by city or town to county for public institutions and works 271.410
Use of municipal property for rodeos, games, racing and exhibitions 271.420
City bonds as payment for land sold by city 271.430
Lease of space above or below street or highway 271.440
Agreements for location of transmission lines on property of political subdivision 271.445
Installation of fiber-optic lines on public land and in public right of way 271.510
Definition of “industrial facility” for ORS 271.510 to 271.540 271.520
Declaration of legislative purpose 271.530
Powers of counties and cities to acquire and dispose of industrial facilities 271.540
County or city operation of industrial facility 271.600
Use of term “squaw” 271.715
Definitions for ORS 271.715 to 271.795 271.725
Acquisition and creation of conservation or highway scenic preservation easement 271.729
Report on effect of conservation or highway scenic preservation easement on property value 271.735
Hearing 271.745
Validity of conservation or highway scenic preservation easement 271.755
Action affecting conservation or highway scenic preservation easement 271.765
Applicability 271.775
Rules governing conservation and highway scenic preservation easements 271.785
Taxation of property subject to highway scenic preservation easement 271.795
Construction of Act
Green check means up to date. Up to date

Current through early 2024

§ 271.335’s source at oregon​.gov