OAR 150-311-0710: Voluntary Payments on Property Tax Deferral Accounts

(1) When the department receives voluntary payments, it will apply the payments in the following order: (a) Against all accrued interest first; (b) Then to the deferral tax balance until fully paid; and (c) Lastly to the lien recording and release fees. (2) Subject to ORS 311.684 and 311.686(2), when the department receives full payment on the account and a written statement from the taxpayer asking for removal of the property from the deferral, the department will release the lien against the property. When the department receives full payment on a disqualified account, the department will release the lien against the property.