Page 30 - Oregon Title and Escrow Resource
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PROPERTY TAX GUIDE
REAL ESTATE TAXES IMPOUND PAYMENT SCHEDULE EXAMPLE
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 1 6 All taxes due must be paid
February April 1 6 All taxes due must be paid
March May 1 7 All taxes due must be paid
April June 1 8 All taxes due must be paid
May July 1 9 All taxes due must be paid
June August 1 10 All taxes due must be paid
New tax year begins - taxes due
July September 1 11
but not yet payable
August October 1 12 Taxes due but not yet payable
September November 1 1 Taxes due but not yet payable
October December 1 2 Taxes due but not yet payable
November January 1 3 Taxes due by 11/15
December February 1 4 All taxes due 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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