Oregon Statutes 701.320 – Offer of warranty; withdrawal of contract offer
(1) A contractor that enters into a contract to construct a new residential structure or zero-lot-line dwelling, or to sell a new residential structure or zero-lot-line dwelling constructed by the contractor, shall make a written offer to the property owner or original purchaser of the structure or dwelling of a warranty against defects in materials and workmanship for the structure or dwelling. The property owner or original purchaser of the structure or dwelling may accept or refuse the offer of a warranty by the contractor. If a contractor makes the written offer of a warranty before the contractor and the property owner both sign a written construction contract and the property owner refuses the offered warranty, the contractor may withdraw the offer to construct the structure or dwelling.
Terms Used In Oregon Statutes 701.320
- Contract: A legal written agreement that becomes binding when signed.
- Contractor: means any of the following:
(a) A person that, for compensation or with the intent to sell, arranges or undertakes or offers to undertake or submits a bid to construct, alter, repair, add to, subtract from, improve, inspect, move, wreck or demolish, for another, a building, highway, road, railroad, excavation or other structure, project, development or improvement attached to real estate, or to do any part thereof. See Oregon Statutes 701.005
- Zero-lot-line dwelling: means a single-family dwelling unit constructed in a group of attached units in which:
(a) Each attached unit extends from foundation to roof with open space on two sides; and
(b) Each dwelling unit is separated by a property line. See Oregon Statutes 701.005
(2) Subsection (1) of this section does not apply to a residential structure that is a manufactured dwelling as defined in ORS § 446.003. [2007 c.648 § 11; 2009 c.409 § 3]