What is a property tax deferral?

The Oregon Legislature set up programs that allow qualifying property owners to delay paying property taxes on their residences, including Manufactured Structures, houseboats, multifamily, and income-producing properties.

If You Qualify for the Program

If you qualify for one of the deferral programs, the state will pay your property taxes to the county. A lien will be placed on your property. You will be charged lien recording fees, which are deferred. Interest on the deferred taxes, at 6% per year, is also deferred. The taxes must be paid, with interest, when the owner dies or sells the property, moves, or changes ownership.

Show All Answers

1. What are exemptions?
2. Who qualifies for a Veteran's Exemption?
3. Who is a veteran?
4. What is a property tax deferral?
5. What deferral programs may I apply for?
6. How do I qualify for one of these deferral programs?
7. How do I apply for a deferral?
8. Does a non-profit organization have to pay property taxes?
9. Can a non-profit organization get an exemption on a bare piece of land to be used as a future building site?
10. We will be buying or leasing property after the April 1 filing deadline, can we still get an exemption?