Oregon Stipulated Agreement (Property Tax) is an agreement that allows taxpayers and the Department of Revenue to settle a disputed property tax bill. This agreement is used when taxpayers disagree with the Department’s assessment of their property taxes and are unable to resolve the dispute through regular channels. The Stipulated Agreement outlines the terms of the settlement, including the amount of taxes due and when the taxpayer will pay them. It is legally binding and enforceable in court. There are two types of Oregon Stipulated Agreement (Property Tax): one-time stipulated agreements and installment stipulated agreements. A one-time stipulated agreement is for a single tax year, while an installment stipulated agreement covers multiple tax years. In both cases, the taxpayer agrees to pay the amount of taxes due in full, as outlined in the agreement. The Department of Revenue agrees not to pursue further collection action if the taxpayer meets the terms of the agreement.