§ 18.967 Redemption amount payable to redemptioner

Codes > Oregon Revised Statutes > Title 2 > Chapter 18 : Execution Sale > (Redemption) : 18.967

18.967. Redemption amount payable to redemptioner

    Subject to ORS 18.968, a claimant may redeem property from a redemptioner by paying to the sheriff:

    (1) The amount paid by the redemptioner, with interest on that amount at the rate of nine percent per annum from the date of payment;

    (2) The amount owing on the lien of the redemptioner, unless the payment is made by a lien claimant and the lien claimant has a lien that has a priority that is superior to the lien of the redemptioner;

    (3) The amount of any taxes the redemptioner has paid on the property, with interest at the rate of nine percent per annum from the date of payment;

    (4) Any amounts necessarily expended by the redemptioner to prevent waste, with interest at the rate of nine percent per annum from the date of payment; and

    (5) Any amounts that the redemptioner has paid on liens superior to the lien of the redemptioner, with interest at the rate of nine percent per annum from the date of payment.