ORS 273.787: Release and transfer of mineral or geothermal resource rights; reservation by state; rules; fee.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
(1) As used in this section: (a) “Low-potential resource real property” means real property that is located: (A) Inside an urban growth boundary; or (B) Within an area zoned for residential use on a lot or parcel that is three acres or smaller in size. (b) “Owner” means: (A) The record holder of fee title interest in low-potential resource real property; or (B) The contract purchaser of low-potential resource real property. (2) The Department of State Lands is declared to be the state agency acting for the state in any transaction respecting mineral and geothermal resource rights in low-potential resource real property. (3) The department may not reserve mineral and geothermal resource rights in low-potential resource real property sold or exchanged by the state, unless the department determines that a significant mineral or geothermal resource exists in the low-potential resource real property. (4)(a) An owner may apply at any time to the department for the release and transfer of mineral and geothermal resource rights in low-potential resource real property that were reserved by the state before June 4, 2013. (b) Upon application by the owner under this subsection, the department shall release and transfer to the owner the reserved rights to mineral and geothermal resources in low-potential resource real property within 60 days after the department receives the completed application, unless the department determines that a significant mineral or geothermal resource exists in the low-potential resource real property. (5) The department may not: (a) Require an owner to obtain an appraisal under this section; or (b) Require an owner to pay the cost of an appraisal conducted at the request of the department under this section. (6) The department may charge a reasonable fee, not to exceed $150, to process an application under this section. (7) The department may adopt rules to implement this section. [2003 c.676 §3; 2013 c.256 §2]
Administrative rules citing this section
- OAR 141-070-0000: Purpose — implements
- OAR 141-070-0010: Definitions — implements
- OAR 141-070-0020: Qualification Requirements — implements
- OAR 141-070-0030: Geophysical Survey Permit — implements
- OAR 141-070-0040: Title Warranty — implements
- OAR 141-070-0050: General Leasing Conditions — implements
- OAR 141-070-0060: Lease Application — implements
- OAR 141-070-0070: Rejection — implements
- OAR 141-070-0080: Auction Notice — implements
- OAR 141-070-0090: Auction Procedure — implements
- OAR 141-070-0100: Lease Conditions and Requirements — implements
- OAR 141-070-0110: Surface Entry Permit — implements
- OAR 141-070-0120: Rental Amounts — implements
- OAR 141-070-0130: Royalties — implements
- OAR 141-070-0140: Assignment of Lease — implements
- OAR 141-070-0150: Production Requirements — implements
- OAR 141-070-0160: Lease Termination — implements
- OAR 141-070-0170: Leases Issued Prior to the Effective Date of These Rules — implements
- OAR 141-071-0400: Purpose — implements
- OAR 141-071-0405: Definitions — implements
- OAR 141-071-0410: State Land Board Policy — implements
- OAR 141-071-0420: Fees and Service Charges — implements
- OAR 141-071-0425: Insurance — implements
- OAR 141-071-0430: Bonds — implements
- OAR 141-071-0440: Reservations — implements
- OAR 141-071-0445: Refunds and Withdrawals — implements
- OAR 141-071-0450: Records — implements
- OAR 141-071-0455: Lands Subject to Permit — implements
- OAR 141-071-0460: Mineral Prospecting Permit Required — implements
- OAR 141-071-0465: Application for Mineral Prospecting Permit — implements
- OAR 141-071-0470: Priority — implements
- OAR 141-071-0475: Application Approval — implements
- OAR 141-071-0480: Mineral Prospecting Permit Terms — implements
- OAR 141-071-0485: Conversion — implements
- OAR 141-071-0490: Mining Lease Required — implements
- OAR 141-071-0495: Availability — implements
- OAR 141-071-0500: Size of Leasable Tract — implements
- OAR 141-071-0505: Application — implements
- OAR 141-071-0510: Receipt of Application — implements
- OAR 141-071-0515: Priority — implements
- OAR 141-071-0520: Application Supplement — implements
- OAR 141-071-0525: Application Rejection — implements
- OAR 141-071-0530: Application and Supplement Consideration — implements
- OAR 141-071-0535: When Applicable — implements
- OAR 141-071-0540: Procedures — implements
- OAR 141-071-0545: Competitive Bidding — implements
- OAR 141-071-0550: Notice of Bidding — implements
- OAR 141-071-0555: Contents of Notice — implements
- OAR 141-071-0560: Bidding Requirements — implements
- OAR 141-071-0565: Opening of Bids and Award of Leases — implements
- OAR 141-071-0570: Oral Bidding Procedure — implements
- OAR 141-071-0575: Lease Execution — implements
- OAR 141-071-0580: Forfeiture of Competitive Bid Leases — implements
- OAR 141-071-0585: Restoration of Bidding Units — implements
- OAR 141-071-0590: Mineral Lease Form — implements
- OAR 141-071-0595: Term of Lease; Renewal — implements
- OAR 141-071-0600: Rental Rate — implements
- OAR 141-071-0605: Development Requirement — implements
- OAR 141-071-0610: Royalties — implements
- OAR 141-071-0615: Measurement — implements
- OAR 141-071-0620: Basis of Value — implements
- OAR 141-071-0625: Commingling — implements
- OAR 141-071-0630: Assignment — implements
- OAR 141-071-0635: Surface Management — implements
- OAR 141-071-0640: Reclamation — implements
- OAR 141-071-0645: Relinquishment — implements
- OAR 141-071-0650: Investigation of Leased Premises — implements
- OAR 141-071-0655: Suspension of Operation — implements
- OAR 141-071-0660: Cancellation of Mining Lease — implements
- OAR 141-073-0100: Purpose and Applicability — implements
- OAR 141-073-0105: Definitions — implements
- OAR 141-073-0110: Policies — implements
- OAR 141-073-0115: Mineral Right Release, Sale and Exchange Application Process — implements
- OAR 141-073-0125: Form of Reservation — implements
- OAR 141-073-0215: Minerals Registry — implements
This rule cites
No citations extracted.
Cited by
Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors273.html