Buying an Oregon Home: What Does the Seller's Disclosure Form Tell Me?

What do the entries on the Oregon seller's disclosure statement really mean regarding the house's condition and possible defects?

· Real Estate,disclosure statement,oregon

By Will Van Vactor

If you have submitted an offer to buy a home or other residential property in Oregon, the seller must, by law, provide you with what’s known as a “Property Disclosure Statement” prior to closing. Limited exceptions apply, including to the sale of some new homes, foreclosures, and sales by government agencies. If you have questions about whether the seller must provide you a disclosure statement, ask your real estate agent or attorney.

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