State Lands Generally

ORS 273.285
Certificate of sale to installment purchaser

  • records of sale


(1)

When an applicant to purchase state lands desires to make payments in installments as provided in ORS 273.281 (Payment for state lands), the Department of State Lands shall, upon receipt of one-fifth of the purchase price of the land applied for, deliver to the purchaser a certificate that the purchaser has contracted to purchase the lands therein described. Upon performance under the contract and upon the surrender of the certificate of sale, the purchaser, or the heirs or assigns of the purchaser, shall be entitled to a deed issued under ORS 273.300 (Issuance of deed) for the lands therein described.

(2)

The department shall maintain appropriate records of each sale. [Formerly 273.110]
Chapter 273

Atty. Gen. Opinions

Requirements of competitive bidding on property valued over $1,000, (1975) Vol 37, p 773; authority of State Land Board to enter into nonprofit water supply corporation, (1978) Vol 38, p 2199

Law Review Citations

4 EL 343, 344 (1984)


Source

Last accessed
Jun. 26, 2021