STOPPED TRANSFER TAXES (2012)
In the 2012 General Election, the Oregon Association of REALTORS® successfully passed Measure 79, which amended the Oregon Constitution to prohibit real estate transfer taxes, fees, and other assessments. This protects Oregonians already paying property taxes from an unfair, double tax.
PROMOTING FLEXIBILITY IN OREGON'S LAND USE SYSTEM (2012)
In the Oregon's first ever, constitutionally approved annual session, legislators supported funding a pilot project in Douglas, Jackson, and Josephine Counties to establish regional definitions of farm and forest lands. On May 10th, 2012, Governor Kitzhaber issued Executive Order 12-07, which orders the Department of Land Conservation & Development (DLCD) to implement a regional land use pilot project. This will help strengthen local job creation and take into account regional differences in farm and forest practices to more accurately identify suitable land for housing, preservation and economic opportunities. To learn more about this ongoing effort visit: www.soregionalpilot.org.
STRENGTHENING PROTECTIONS FOR CONSUMERS INVOLVED IN SHORT SALES (2011)
The Oregon Association of REALTORS® strengthened protections and clarity for Oregon consumers involved in short sales. In effect today, a lender or its assignee may not collect on a deficiency in a short sale transaction if a 1099-C is issued in connection with the sale. This was a significant victory for Oregonians that was supported unanimously and allows sellers in financial distress to make fully informed decisions in the short sale process.