Complete Legal Oregon Disclosures Forms For Free

§ 465(2), requires real estate sellers to deliver to each buyer who makes a written offer to purchase the property a filled-out property disclosure statement. The requirement applies whether selling a single family home, duplex, triplex, quadplex, condominium unit, timeshare, or manufactured dwelling.

Examples of material facts that must be disclosed include structural problems with the house, soil problems, a leaking roof, unpermitted construction, neighborhood noise problems, and anything else that a buyer would deem to be important.

Seller's Common Law Disclosure Duties Under Oregon law a seller must disclose to the buyer any material defects known to the seller that would not be readily apparent to a buyer. Oregon civil law also imposes on all parties to a contract a duty of good faith and fair dealing.

What Information Oregon's Property Disclosure Statement Requires Home Sellers to Disclose title to the property and existing encumbrances, such as easements and liens. domestic water sources and irrigation. sewage disposal. insulation, including whether there is insulation in the ceiling, walls, and floor.

Oregon Death Disclosure Oregon does not require discloser of death on a property. The state specifies deaths and violent crimes as facts that "do not adversely affect the physical condition" of a property.

The OR property disclosure and disclaimer law applies to: (1) the sale of commercial property; (2) the sale of a residence by a financial institution that acquired the house by foreclosure; (3) the sale of a duplex that the seller never occupied and the buyer will use solely as a rental property; (4) the sale of a ...