Reference Material and Informational Links
Family Law
Family Law
There are many kinds of leases, including residential leases, ground leases, and the like, as well as some more specialized leases, such as agricultural leases involving multi year crops like Christmas trees or fruit orchards.
One of the most complex kinds of leases in Oregon is the commercial lease. These leases involve the rental of business premises.
Real estate can be owned in a variety of ways in Oregon.
The most common is called ownership in fee simple. Such an owner may also be referred to as the holder of a fee. This simply means that the person (or group or entity) owns the land, by him or herself, with no other person group or entity having an ownership right currently, or having a right to the land which will pass to them at some point in the future.
Real estate is formally called “real property” in Oregon law. Personal property is all property other than real estate, including tangible things you can touch such as your car, the contents of your pocket, and your lawn mower, as well as intangible things such as your bank account, or stocks and bonds.
“Property,” in Oregon law means both real property and personal property.
Real estate is sometimes also called real property.
It is not uncommon for people to falsely claim to be residents of Oregon.
This has nothing to do with one’s legal status in the USA.
In Oregon, after a Medicaid recipient dies, the Medicaid Estate Recovery Unit, also called the Estate Administration Unit seeks to recover amounts paid for care by Medicaid from the estate of the Medicaid recipient who has just died.
Under Oregon law, upon reaching a certain age, a home owner can often defer real estate taxes.
There are limits to these deferrals.
Sometimes people have a child that they want to help become established in a home.
In some cases, rather than giving the child a down payment, or the like, there is a desire to simply transfer a house that the parent already owns to the child.
As explained in other articles in this series, Oregon divorce courts are required to make an equitable division of assets when a couple is divorced.