OAR 629-033-0035: Monetary Consideration in Exchanges
Edition: Current OARD snapshotEffective: 2001-09-14Last verified: 2026-09-07
The Department may consider the receipt of land, monetary consideration, or other assets to equalize values of the parcels being exchanged. The Department must, however, receive approval in concept from the Board of Forestry when the proposed monetary payment exceeds ten percent of the value of the parcel(s) being acquired. In no event shall monetary compensation exceed 25 percent of the appraised value of the acquired property, unless the Board finds extraordinary circumstances exist that necessitate the exchange.
Official history and status
Statutory/Other Authority: ORS 526.016(4) & 526.041
Statutes/Other Implemented: ORS 530.010 & 530.040
History: DOF 5-2001, f. & cert. ef. 9-14-01
This rule cites
No citations extracted.
Cited by
No inbound citations found.
Official source: https://secure.sos.state.or.us/oard/