§ 18.402 Quantity of land

Codes > Oregon Revised Statutes > Title 2 > Chapter 18 : Exempt Property > (Homesteads) : 18.402

18.402. Quantity of land

    The homestead mentioned in ORS 18.395 shall consist, when not located in any town or city laid off into blocks and lots, of any quantity of land not exceeding 160 acres, and when located in any such town or city, of any quantity of land not exceeding one block. However, a homestead under this section shall not exceed in value the sum of $40,000 or $50,000, whichever amount is applicable under ORS 18.395 (1).