Property Ownership
In Oregon, a 'tax lien' on real property arises when:
AThe property is listed for sale
BProperty taxes become delinquent and the county records a lien to secure the unpaid tax obligation✓ Correct
CThe property is refinanced
DA title insurance claim is filed
Explanation
In Oregon, property taxes become a lien on the property as of July 1 of each tax year. If taxes are not paid when due, the lien continues and can lead to foreclosure by the county if taxes remain delinquent for an extended period (typically 3 years).
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