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. Completion of a Confidential Personal Property Return is required annually. If your property is a floating home as defined in ORS 830.700, please contact us at 503-988-0078 to discuss your filing requirements.
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?
You are required to contact the County Assessor’s office and the Oregon State Marine Board to report any change of ownership. The Marine Board’s address and phone number are listed at the bottom of this page.
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:
435 Commercial St NE #400
Salem OR 97301
503-378-8587
marine.board@boat.oregon.gov
www.Oregon.gov/osmb
