Oregon Revised Statutes

Or. Rev. Stat. § 307.370 (2026)

Property of nonprofit homes for elderly persons; limitation on lessee

✓ current as of May 2026
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      307.370 Property of nonprofit homes for elderly persons; limitation on lessee. (1) In aid of veterans tax exemptions, subject to the conditions prescribed in ORS 307.370 to 307.385 and 308.490, there shall be exempt from taxation the personal property and a portion of the real property computed as provided in ORS 307.380, owned or being purchased under a contract by a corporation described in ORS 307.375 which is actually and exclusively occupied and used in the operation of a nonprofit home for elderly persons.

      (2) For the purposes of subsection (1) of this section, a corporation which is described in ORS 307.375 which has only a leasehold interest in a nonprofit home for elderly persons operated by it is deemed to be a purchaser of the property if the operating lessee is specifically obligated by its contract of lease to pay the ad valorem taxes on the real and personal property used in the operation of the home. [1969 c.587 §2; 1974 c.54 §1; 1975 c.780 §17]

Notes of Decisions
Cited in 6 cases, 1974–2004 · leading case: Cascade Manor, Inc. v. Dep't of Revenue, 5 Or. Tax 482 (Or. T.C. 1974).
Cascade Manor, Inc. v. Dep't of Revenue, 5 Or. Tax 482 (Or. T.C. 1974). · cites it 5× “The order denied the plaintiffs the partial exemption from taxation for *483 1972-1973 which is allowed qualified nonprofit homes for the elderly pursuant to ORS 307.370 et seq. Two questions of law are presented for determination: (1) Do the provisions of ORS 307.”
Hope Vill., Inc. v. Dep't of Revenue, 17 Or. Tax 370 (Or. T.C. 2004). · cites it 2× “Further, the provisions of ORS 307.370 to 307.385 deal comprehensively with insuring that nonprofit homes for the elderly obtain and pass on the benefits of certain veterans’ exemptions.”
Skyline Assembly of God v. Dep't of Revenue, 545 P.2d 879 (Or. 1976). “Nonprofit homes for the elderly are entitled to an exemption under ORS 307.370 provided they file a written claim on or before April 1 of each year the exemption is claimed (ORS 307.”
Gangle v. Dep't of Revenue, 887 P.2d 784 (Or. 1995). “The remaining substantive sections of that 1969 Act, as amended from time to time, are codified as ORS 307.370 to 307.385. The 1969 Act directed that the last section, section 8, be placed in ORS chapter 308.”
Linus Oakes, Inc. v. Dep't of Revenue, 14 Or. Tax 412 (Or. T.C. 1998). · cites it 2× “However, the primary point of dispute is foxind in the following language: “The exemption provided in ORS 307.370 may be permitted only as to a corporation organized and operated only for the purpose of furnishing permanent residential, recreational and social facilities…”
Coos Cnty. Assessor v. Dep't of Revenue, 14 Or. Tax 282 (Or. T.C. 1998). · cites it 10× “380, owned or being purchased under a contract by a corporation described in ORS 307.375 which is actually and exclusively occupied and used in the operation of a nonprofit home for elderly persons.”
— Or. Rev. Stat. § 307.370(1) — 1 case
Coos Cnty. Assessor v. Dep't of Revenue, 14 Or. Tax 282 (Or. T.C. 1998). “380, owned or being purchased under a contract by a corporation described in ORS 307.375 which is actually and exclusively occupied and used in the operation of a nonprofit home for elderly persons.”
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