ORS 446.641 Sale of Manufactured Structure Having Ownership Document Or that Is Exempt Structure

• Library: Oregon Statutes
• Edition: 2023
• Currency: Current through legislation effective January 1, 2024
• Year: 2023
• Citation: ORS 446.641

(1) If a person sells an ownership interest in a manufactured structure for which there is an ownership document issued under ORS 446.611 or a structure described in ORS 446.621(1) to (6), the seller shall give notice of the sale to the county assessor for the county in which the structure is sited.

(2) The seller's notice must be on a form approved by the Department of Consumer and Business Services. Information required by the form must include, but need not be limited to:

(a) The identities of the seller and the purchaser;

(b) Any change in the security interest in the structure resulting from the transaction; and

(c) For each holder of an unreleased security interest:

(A) A signed statement recorded on the ownership document for the manufactured structure acknowledging that the interest holder is aware of the sale; or

(B) Documentation satisfactory to the department showing that acknowledgment by the holder was requested but the holder has not responded.

(3) The seller shall submit the following with the notice:

(a) The ownership document or other document evidencing ownership of the manufactured structure.

(b) A copy of the bill of sale.

(c) Documentation satisfactory to the county assessor that all taxes, special assessments and other charges placed on the tax roll that have been certified for collection under ORS 311.105 and 311.110, all taxes in homestead deferral as described under ORS 311.666 to 311.701 and all delinquent taxes and special assessments for past years are paid or have been canceled.

(4) The county assessor shall forward the information contained in the notice and the ownership document or other document evidencing ownership to the department. The department shall update the ownership document for the manufactured structure or, if no ownership document exists, enter the information in the department's records and issue an ownership document for the structure.