Oregon Residential Purchase and Sale Agreement

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Updated February 16, 2022

An Oregon residential purchase and sale agreement is between a homeowner or broker and a buyer seeking to acquire residential property. The document relays the buyer’s proposal and specifies a period in which the owner must accept the conditions before the offer expires. If the owner declines the initial proposal but would like to negotiate new terms, they can submit a counter-proposal including conditions adjusted to their preferences (this may be necessary if the owner wants to modify the purchase price, financing terms, closing date, or other provisions). As per § 105.465(2), sellers must provide a Property Disclosure Statement to anyone who makes an official offer to purchase property in Oregon.

Table of Contents

Realtor Version

Oregon Real Estate Forms, LLCAdobe PDF

Required Disclosures

Lead-Based Paint Disclosure – A statement informing home buyers of a property’s history of lead-based paint. Application of this disclosure is only required if the property being sold was constructed prior to 1978.

Seller’s Property Disclosure Statement (ORS 105.464) – Describes the seller’s knowledge of material defects affecting their property. Sellers must complete this disclosure and provide it to all buyers who submit a written offer to acquire their property. Download in Adobe PDF & MS Word (.docx).

Commercial Property

Commercial Purchase AgreementUse this document as a legal contract to purchase or sell commercial property.

Download: Adobe PDF, MS Word, OpenDocument