(a) "Low-potential resource real property" means real property that is located:
(A) Inside an urban growth boundary; or
(B) Within an area zoned for residential use on a lot or parcel that is three acres or smaller in size.
(b) "Owner" means:
(A) The record holder of fee title interest in low-potential resource real property; or
(B) The contract purchaser of low-potential resource real property.
(2) The Department of State Lands is declared to be the state agency acting for the state in any transaction respecting mineral and geothermal resource rights in low-potential resource real property.
(3) The department may not reserve mineral and geothermal resource rights in low-potential resource real property sold or exchanged by the state, unless the department determines that a significant mineral or geothermal resource exists in the low-potential resource real property.
(4)(a) An owner may apply at any time to the department for the release and transfer of mineral and geothermal resource rights in low-potential resource real property that were reserved by the state before June 4, 2013.
(b) Upon application by the owner under this subsection, the department shall release and transfer to the owner the reserved rights to mineral and geothermal resources in low-potential resource real property within 60 days after the department receives the completed application, unless the department determines that a significant mineral or geothermal resource exists in the low-potential resource real property.
(5) The department may not:
(a) Require an owner to obtain an appraisal under this section; or
(b) Require an owner to pay the cost of an appraisal conducted at the request of the department under this section.
(6) The department may charge a reasonable fee, not to exceed $150, to process an application under this section.
(7) The department may adopt rules to implement this section. [2003 c.676 §3; 2013 c.256 §2]
Structure 2021 Oregon Revised Statutes
Volume : 07 - Public Facilities and Finance
Chapter 273 - State Lands Generally
Section 273.006 - Definitions.
Section 273.035 - Governor is chairperson of board; rules; quorum; meetings; notice.
Section 273.051 - General powers and duties of department and board.
Section 273.058 - Application fee for easement to construct facility on state land.
Section 273.071 - Oaths; depositions; subpoenas.
Section 273.105 - Distributable Income Account.
Section 273.107 - Legacy Unclaimed Property School Fund.
Section 273.108 - Unclaimed Property School Fund; use by State Treasurer.
Section 273.115 - Department use of Common School Fund.
Section 273.117 - Acquiring land as Common School Fund investment; lease of land.
Section 273.135 - Agreements with other agencies for special services; costs; interagency services.
Section 273.141 - Nature of services to be performed by certain other agencies.
Section 273.161 - Director of department; salary of director and staff.
Section 273.171 - Duties and authority of director.
Section 273.175 - Employees of department; compensation; fidelity bonds.
Section 273.183 - Authority of department to require fingerprints.
Section 273.197 - Agreements to provide interpretive services.
Section 273.199 - Rules for agreements for interpretive services.
Section 273.231 - Removal without compliance with statute.
Section 273.241 - Action to recover damages for unlawful removal of material.
Section 273.247 - Disposal of isolated parcels of rangeland; sale procedure.
Section 273.251 - Classification of state lands.
Section 273.265 - Application for submersible lands.
Section 273.275 - Price of state lands; sale to highest bidder.
Section 273.285 - Certificate of sale to installment purchaser; records of sale.
Section 273.300 - Issuance of deed.
Section 273.306 - Execution and record of deeds.
Section 273.316 - Exchanging state lands to accumulate larger tracts.
Section 273.321 - Notification to lessee prior to exchange; hearing.
Section 273.350 - Selection and sale of indemnity lands.
Section 273.360 - Applicant to relinquish claim; refund of purchase price and taxes paid.
Section 273.365 - When refunds not available; source of refunds.
Section 273.370 - Alternative to refund.
Section 273.413 - Disposition of unsuitable state lands; sale; use of proceeds; procedures.
Section 273.426 - Exchange of property; value.
Section 273.431 - Procedure for determining value of properties to be exchanged.
Section 273.441 - Agency donation of property for industrial or manufacturing use; conditions.
Section 273.462 - Definitions.
Section 273.525 - Appraisal of forest products; notice; sale conditions.
Section 273.551 - Mining and drilling leases on state lands; fee.
Section 273.556 - South Slough National Estuarine Research Reserve Management Account.
Section 273.557 - Appeal to State Land Board.
Section 273.558 - Penalties; enforcement; injunctive relief.
Section 273.563 - Definitions for ORS 273.563 to 273.591.
Section 273.566 - Legislative findings.
Section 273.573 - Natural areas advisory committee.
Section 273.576 - State Parks and Recreation Department duties; Oregon Natural Areas Plan; contents.
Section 273.578 - Plan approval; review of modifications by commission.
Section 273.581 - Natural areas register; contents; agreements between department and landowners.
Section 273.751 - State land grants to railroads.
Section 273.755 - Filing maps of railroad location and depot sites; department’s duties.
Section 273.761 - Right of way for water ditches and pipes.
Section 273.775 - Definitions for ORS 273.775 to 273.790.
Section 273.785 - Application of ORS 273.551 and 273.775 to 273.790; rules.
Section 273.787 - Release and transfer of mineral or geothermal resource rights; reservation by state; rules; fee.
Section 273.805 - Definitions for and purpose of ORS 273.805 to 273.825.
Section 273.815 - Department’s powers; terms of grazing lease; termination.
Section 273.825 - Purchase of lands by lessee or other person.
Section 273.865 - Application for deed; investigation; deadline on application.
Section 273.870 - Notice of deed application; protest; hearing; dual applications.
Section 273.880 - Judicial review procedure.
Section 273.890 - Application of ORS 273.850 to 273.890 to certain lands; tax refunds prohibited.
Section 273.902 - Confirmation of title to swamp and overflow lands; deed to claimant.
Section 273.992 - Civil penalties.
Section 273.994 - Schedule of civil penalties; rules; considerations in imposing penalty.