Klamath County Property Sales
Mission and Instructions
MISSION: Whenever it is in the best interest of Klamath County to sell any property, an Order shall be entered by the Board of County Commissioners to make sale thereof with a fix minimum price and conditions and terms of the sale.
STATE LAW: A Notice published in the Herald and News newspaper four consecutive weeks prior to such sale shall state the date, time, place, description or interest therein to be sold, minimum price and such other matters deemed pertinent. A sale takes place during office hours between the hours of 10 a.m. and 4 p.m.
UNDERSTANDING: Pursuant to ORS 275.110, the Klamath County Board of Commissioners may amend from time to time or revoke any or all properties from such sale.
In accordance with ORS 275.130 prior to the date set for the sale of property as indicated in the notice of sale required under ORS 275.120, a municipal corporation may file with the county clerk notice that the municipal corporation has a lien arising out of an assessment for local improvement against the property described in the notice. The notice shall identify each property described in the notice to which a lien for assessment for local improvement has attached and shall state the principal amount of the lien and the interest thereon to date. Upon receipt of the notice, the county clerk shall forward a copy of the notice to the county treasurer and to the county employee responsible for the management of county-owned real property acquired by the foreclosure of delinquent property taxes. A notice filed within the time and in the manner permitted under this section shall preserve the rights of a municipal corporation to a distribution under ORS 275.275 (3)(a)(A).
All property is subject to covenants, conditions, restrictions, easements, reservations, rights, rights of way and all matters appearing of record.
No conditions may be placed on any parcel bid upon, i.e., purchase of any property may not be tied to conditional approval or additional properties awarded.
Klamath County does not warrant or guarantee in any fashion that purchaser(s) will have an insurable interest in the property. Title companies may refuse to insure foreclosed property.
The successful bidder accepts the land, building(s), and all other improvements in their present condition, as is, including latent defects, without any representations or warranties, expressed or implied. The successful bidder further acknowledges that in the event of an environmental cleanup, Klamath County has no liability for any costs associated with the environmental cleanup.
Klamath County does not warrant or guarantee in any fashion that purchaser will have an insurable interest in the property. Title companies may refuse to insure foreclosed property.
Klamath County shall not warrant or defend the fee simple title of real property offered for sale to be free of defects or encumbrances. Klamath County will sell and convey by Quit Claim deed only such title as Klamath County has acquired through foreclosure. Conveyance is subject to recorded easements to the United States or any government agency thereof; and conveyance does not guarantee access or septic tank approval.
Title conveyed by Klamath County does not warrant that properties under forest/farm zoning use will allow dwelling or structures to be constructed on such property. Purchasers are cautioned to consult the Planning Department for rulings on individual parcels.
Klamath County does not warrant that the awarded bid reflects the true assessed value of property conveyed and recommends that bidders contact the Klamath County Assessor's office to determine the assessed value for tax purposes.
INSTRUCTIONS: Mandatory Registration and registration fee (non-refundable) is required prior to the date of sale. If registered by a deadline given, but registration fee is not included or received by a deadline given, no attendance/participation will be allowed. If a prospective purchaser(s) is/are registered by a deadline given and is/are having a person attend the sale for them in a representative capacity the prospective purchaser(s) must have the instrument(s) signed in front of a notary and recorded with the Klamath County Clerk prior to 4 p.m. deadline given along with a copy of Property Sales Dept by 5 p.m. deadline given. If the instrument(s) does not in writing contain words that otherwise limit the period of time of its effectiveness, the power of attorney shall remain in effect until revoked by the principal. If a Durable Power of Attorney is already of county record and has not been revoked prior to the date of sale, no additional instrument is required, but a copy of the recorded instrument must be given to Property Sales Dept prior to or by 5 p.m. by a deadline given. If registered/bidding as a Business entity, corporation, LLC, etc, or as a foreign corporation you must be filed with the Oregon Corporation Division as "active" and documentation from the Oregon Corporation Division must be provided or if bidding as a Trust you must provide documentation to Property Sales Dept prior to or by 5 p.m. by a deadline given. No exceptions.
Note: When registering the situs location means where you permanently reside.
TERMS: The terms of the sale shall be cashier's check/certified check only payable to Klamath County Property Sales at the time of sale by the highest bidder upon having been awarded the property. A Certificate of Sale will be given the day of the sale. If payment is not received the day of the sale, the awarded party’s bid(s) will become null and void. If the purchase price is $1,000.00 or less, the full amount plus the recording fee is to be paid in full. Property purchased with an amount of $1,000.01 or more may be purchased on a Land Sale Agreement with 25% down plus the recording fee and the remaining balance to be paid under written agreement with the purchaser in equal installments over a term not exceeding five years from the date of sale. All deferred payments to bear interest from the date of sale at a rate of ten (10) percent per annum, payable annually. If a purchase price is $1,000.01 or more you may opt to purchase the property on a Land Sale Agreement. The Land Sale Agreement will be issued, signed and notarized the day of the sale, current I. D. is required- a photo I. D. (driver's license), and /or current I. D. can also be by an institution, a business entity, federal, state, county, municipal or other local Gov't containing a signature.
Bids of $5,000.00 or less may be made in any amount, but no less than minimum increments of $50.00. Bids of $5,001.00 to $10,000.00 may be made in any amount, but no less than minimum increments of $100.00. Bids of $10,001.00 to $25,000.00 may be made in any amount, but no less than minimum increments of $150.00. Bids of $25,001.00 to $50,000.00 may be made in any amount, but no less than minimum increments of $200.00. Bids of $50,001.00 to $75,000.00 may be made in any amount, but no less than minimum increments of $250.00. Bids of $75,001.00 to $100,000.00 may be made in any amount, but no less than minimum increments of $300.00. Bids of $100.001.00 or more may be made in any amount, but no less than minimum increments of $500.00.