ORS § 312.160

Current through 2024 Regular Session legislation effective April 17, 2024
Section 312.160 - Lienholder paying taxes or redeeming gets additional lien for amount paid

Where any property included in a foreclosure list or proceeding is removed therefrom by payment of taxes or by redemption on the part of a mortgagee or other lienholder of record, the official receipt for payment of such taxes or redemption money shall constitute an additional lien on the property to the amount specified in the receipt. The amount so paid, with interest and other lawful charges thereon, shall be collectible with and in the same manner as the amount secured by the original mortgage or lien.

ORS 312.160