Page 30 - Oregon Title and Escrow Resource
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PROPERTY TAX GUIDE
REAL ESTATE TAXES IMPOUND PAYMENT SCHEDULE 2020
CLOSING/ First Payment Real Property Taxes Escrow Instructions for
FUNDING Due Date No. of Months in Reserve Taxes Real Property Taxes
MONTH Paid 4/30 & 10/31
January March | 3/1/2021 6 All of 2020 must be paid
February April | 4/1/2021 7 (if 2021 tax amount is not available ) All of 2020 must be paid
2 (if 2021 tax amount is available ) After 2/16 - pay first half 2021
March May | 5/1/2021 2 Pay first half 2021
April June | 6/1/2021 3 Pay first half 2021
May July | 7/1/2021 4 Pay first half 2021
June August | 8/1/2021 5 First half 2021 should be paid
July September | 9/1/2021 6 First half 2021 should be paid
August October | 10/1/2021 7 First half 2021 should be paid
September November | 11/1/2021 2 Pay second half 2021
October December | 12/1/2021 3 Second half 2021 should be paid
November January | 1/1/2022 4 Second half 2021 should be paid
December February | 2/1/2022 5 All of 2021 must be paid
• Oregon Tax Year Runs from July 1st to June 30th
• Tax bills are certified and mailed in October
• Taxes are due on November 15th
• When taxes are paid in full by November 15th, a 3% discount is given
• County has the right to begin foreclosure proceedings after three (3) years of delinquency
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