On this page
- Do I need to file a Confidential Personal Property Return each year for floating property?
- Is there a penalty for not filing a Confidential Personal Property Return each year?
- Are Moorage owners required to file a return each year?
- Who do I notify regarding a change of ownership for my floating property?
- How do I add or remove a lien holder on my floating property?
- If the Marine Board plate is lost or stolen who should I contact?
- Who should I contact if my floating property was damaged, destroyed or moved out of the County?
- Do floating properties need to have documents recorded such as deeds?
Do I need to file a Confidential Personal Property Return each year for floating property?
Maybe. Floating property is taxable personal property under ORS 308.290. Please see the Floating Property page regarding filing requirements. If your property is a floating home as defined in ORS 830.700, please contact us at 503-988-0078 if you have filing requirement questions.
Is there a penalty for not filing a Confidential Personal Property Return each year?
Yes. If you are required to file a Return, it must have a postmark on or before March 15 to avoid a penalty. If the postmark on the Return is after March 15, but on or before June 1, there is a 5% penalty of the levied tax. If the Return has a postmark after June 1, but on or before August 1, the penalty is 25% of the levied tax. If the Return has a postmark after August 1, or if the Return is not filed at all, the penalty is 50% of the levied tax.
Are Moorage owners required to file a return each year?
Yes. Moorage owners file a return to report all assets used to operate the moorage, such as walks, docks, ramps, pilings, etc. New improvements to the moorage should also be reported. Business personal property is reported separately. Filing deadlines and late filing penalties for moorage owners are the same as for other floating properties.
Who do I notify regarding a change of ownership for my floating property?
Transfer of ownership of a floating property is done through a title transfer with the Oregon State Marine Board (OSMB). Please contact OSMB for additional information. The contact information for OSMB is listed at the bottom of this page. Once a copy of the new Certificate of Title has been issued by OSMB, then please forward a copy of the title to the Multnomah County Assessor's office via email to dart.data.operations@multco.us or by mail to: Multnomah County DART, ATTN: Floating Property, PO Box 2716, Portland, OR 97208.
How do I add or remove a lien holder on my floating property?
Contact the Oregon State Marine Board to add or remove a lien holder. Once the Marine Board is notified, they will send a copy of the updated title to the County Assessors office.
If the Marine Board plate is lost or stolen who should I contact?
Contact the Oregon State Marine Board for information on a replacement plate.
Who should I contact if my floating property was damaged, destroyed or moved out of the County?
Contact the County Assessor’s office and the Oregon State Marine Board.
Do floating properties need to have documents recorded such as deeds?
No. Unlike real property, floating properties are titled and do not require recorded documents to prove ownership. They are considered personal property and ownership documentation is handled through the Oregon State Marine Board.
For additional information, contact DART.
Contact information for the Oregon State Marine Board:
Oregon State Marine Board (OSMB)
435 Commercial St NE #400
Salem OR 97301
503-378-8587
Email: marine.board@boat.oregon.gov
https://www.oregon.gov/osmb/Pages/index.aspx