Finance
Oregon does NOT impose a state transfer tax on real estate sales. However, some Oregon jurisdictions have adopted local transfer taxes. Which of the following Oregon cities has a real estate transfer tax?
APortland✓ Correct
BSalem
CEugene
DBend
Explanation
Portland, Oregon adopted a real estate transfer tax (often called the Portland Clean Energy Fund surcharge and related levies). Oregon state law does not impose a transfer tax, but Portland and a few other jurisdictions have enacted local transfer taxes or surcharges.
Related Oregon Finance Questions
- What is a 'VA entitlement' and how does it benefit Oregon veterans buying homes?
- What is 'assumability' of an Oregon mortgage and which types of loans are typically assumable?
- What does 'assumption of mortgage' mean in an Oregon real estate transaction?
- What is 'negative amortization' in the context of Oregon mortgage loans?
- What is the difference between 'pre-qualification' and 'pre-approval' for an Oregon mortgage?
- What is a 'balloon mortgage' in Oregon real estate?
- What is an 'interest rate lock' in an Oregon mortgage transaction?
- What is an 'FHA 203(k) loan' and how might it benefit Oregon buyers of fixer-upper properties?
Practice More Oregon Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oregon Quiz →