Oregon Real Estate Form
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Points (real estate) - Points are a form of pre-paid interest. One point equals one percent of the loan amount.
Oregon Ballot Measure 47 (1996) - Measure 47 of 1996 strengthened the Oregon Constitution's limitations on property taxes on real estate, first imposed by Measure 5. Measure 47 required that property taxes be no higher than 10 percent less than those imposed in the 1994-1995 tax year, or those imposed in the 1995-1996 tax year.
Leasehold estate - A leasehold estate is an ownership interest in land in which a lessee or a tenant holds real property by some form of title from a lessor or landlord.
Oregon Ballot Measure 5 (1990) - Ballot Measure 5 of 1990 established state constitutional limits (Article XI, Section 11) on Oregon's property taxes on real estate. Property taxes dedicated for funding schools were capped at $15.
oregonrealestateform
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