What Oregon requires
- The Act covers one to four dwelling units, a condominium unit or timeshare not disclosed under their own laws, and a manufactured dwelling on its owner's land, unless the buyer says the property will not be a residence for the buyer or the buyer's spouse, parent or child; leaseholds are not coveredORS 105.465 (1)
- The seller completes, signs and delivers the seller's property disclosure statement to each buyer who makes a written offer to purchaseORS 105.465 (2)
- The seller leaves no space blank, refers to line numbers in explanations, and dates and signs each page and attachmentORS 105.464, instructions to the seller
- Unless the buyer has already waived it in writing, the buyer has five business days after delivery to revoke the offer by a separate signed written statement disapproving the disclosure, and then gets all deposits back; the right ends at closingORS 105.475 (1) to (5)
- A seller who fails or refuses to provide the statement gives the buyer a right to revoke until closingORS 105.475 (4)
- Excluded: the first sale of a never-occupied dwelling (with a statement of its permits), sales by financial institutions as custodian, agent or trustee or after foreclosure, court-appointed receivers, personal representatives, trustees, conservators or guardians, and governmental agenciesORS 105.470
- The statement becomes part of the offer and the acceptance, its representations are the seller's alone, and the seller bears the burden of proving it was lawfully deliveredORS 105.475 (7), 105.480 and 105.485
- A real estate licensee representing the seller informs the seller of these duties, and one representing the buyer informs the buyer of these rightsORS 696.870 (1)
Who gives it, and when
The statement covers homes with one to four units, condominium units and timeshares not covered by their own disclosure laws, and manufactured homes on their owner's land. The seller delivers it to each buyer who makes a written offer, unless an exclusion applies: a never-occupied new home, a financial institution's or court-appointed seller's sale, or a government sale.
Filling it in
No space is left blank: each question is answered Yes, No, Unknown or NA, fill-in lines are completed, and every starred item answered yes gets a copy or an explanation that refers to its line number. The seller dates and signs each page and attachment, and the representations are the seller's alone.
The buyer's right to revoke
Unless the buyer waived it in writing beforehand, the buyer has five business days after delivery to revoke the offer by a separate signed written statement disapproving the disclosure, and gets every deposit back. A seller who never provides the statement leaves the buyer free to revoke until closing. Agents tell their clients about these rights and duties.
Common mistakes
- Leaving lines blank: the instructions say not to leave any space blank.
- Answering yes to a starred item without attaching a copy or an explanation.
- Counting five calendar days for the buyer's revocation: the statute says five business days.
- Not dating and signing each page and attachment.
Sources
- ORS 105.465 (1), checked October 25, 2026
- ORS 105.465 (2), checked October 25, 2026
- ORS 105.464, instructions to the seller, checked October 25, 2026
- ORS 105.475 (1) to (5), checked October 25, 2026
- ORS 105.475 (4), checked October 25, 2026
- ORS 105.470, checked October 25, 2026
- ORS 105.475 (7), 105.480 and 105.485, checked October 25, 2026
- ORS 696.870 (1), checked October 25, 2026
Last reviewed October 25, 2026. Next review due January 25, 2027. This page explains published rules to help you write your report. It is not legal advice; the official text linked above governs.