ORS § 18.402

Current through 2024 Regular Session legislation

Section 18.402 - [Operative Until 1/1/2025] Limitations on homestead exemption

The homestead mentioned in ORS 18.395 shall consist, when not located in any town or city laid off into blocks and lots, of any quantity of land not exceeding 160 acres, and when located in any such town or city, of any quantity of land not exceeding one block. However, a homestead under this section shall not exceed in value the sum of $40,000 or $50,000, whichever amount is applicable under ORS 18.395 (1).

ORS 18.402

Formerly 23.250; 2005 c. 456, § 3; 2009 c. 612, § 3

This section is set out more than once due to postponed, multiple, or conflicting amendments.