Current through Register Vol. 61, No. 4, April 1, 2022
(1) For purposes of
a lease or other agreement means any written document that communicates the
terms and conditions of tenancy. A verbal agreement will not qualify in an
(2) Public body
property which is leased or used by another public body is exempt from property
taxes when the property is used by the lessee for a qualifying exempt purpose
on July 1 of the assessment year to be exempted. The public body granting
possession and use of their property must provide notice of the lease or other
agreement to the assessor after entering the agreement. If requested by the
assessor, a copy of the lease or other agreement must be provided.
(3) When public body property is subsequently
leased to another entity other than a public body whose property is exempt from
taxation, filing a timely application for a property tax exemption is
(4) When property of
entities that are not public bodies but whose property is exempt from taxation
is leased to a public body, an application for a property tax exemption is also
(5) When application is
required, late filing is permitted. Payment of the late filing fee must be
submitted with the application. The late filing fee cannot be excused or
Admin. R. 150-307-0200
RD 8-1991, f.
12-30-91, cert. ef. 12-31-91; RD 8-1992, f. 12-29-92, cert. ef. 12-31-92; RD
6-1993, f. 12-30-93, cert. ef. 12-31-93; RD 5-1996, f. 12-23-96, cert. ef.
12-31-96; RD 9-1997, f. & cert. ef. 12-31-97; REV 8-1998, f. 11-13-98,
cert. ef. 12-31-98; REV 3-2014, f. & cert. ef. 7-31-14; Renumbered from
53-2016, f. 8-13-16, cert. ef.
67-2017, amend filed 12/22/2017, effective
Statutory/Other Authority: ORS
Statutes/Other Implemented: ORS