Oregon Statutes 105.465 – Application of ORS 105.462 to 105.490, 696.301 and 696.870; disclosure statement
(1) The provisions of ORS § 105.462 to 105.490, 696.301 and 696.870:
Terms Used In Oregon Statutes 105.465
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(a) Apply to the real property described in subparagraphs (A) to (D) of this paragraph unless the buyer indicates to the seller, which indication shall be conclusive, that the buyer will use the real property for purposes other than a residence for the buyer or the buyer’s spouse, parent or child:
(A) Real property consisting of or improved by one to four dwelling units;
(B) A condominium unit as defined in ORS § 100.005 and not subject to disclosure under ORS § 100.705;
(C) A timeshare property as defined in ORS § 94.803 and not subject to disclosure under ORS § 94.829; and
(D) A manufactured dwelling, as defined in ORS § 446.003, that is owned by the same person who owns the land upon which the manufactured dwelling is situated.
(b) Do not apply to a leasehold in real property.
(2) Except as provided in ORS § 105.475 (4), a seller shall complete, sign and deliver a seller’s property disclosure statement as set forth in ORS § 105.464 to each buyer who makes a written offer to purchase real property in this state. [1993 c.547 § 1; 1997 c.816 § 15; 1999 c.307 § 24; 1999 c.677 § 65; 2001 c.300 § 74; 2003 c.328 § 1]