Dear Forms Committee: Seller’s Property Disclosure Statement
The Seller’s Property Disclosure Statement is a statutory form, and the legislature wrote the questions contained on it in ORS 105.464. As long as the SPDS form provided meets these requirements, requesting a different version of the form to match the transaction library selected should not be necessary.
Of course, you will always want to check with your principal broker or legal counsel to ensure that you are following any policy requirements of your brokerage
All comments and responses from OREF or its staff, managers, and volunteers are non-legal opinions made for general purposes. Each Forms subscriber must rely solely upon their Principal broker or personal legal counsel for specific advice and instruction. You and your client should independently confirm that the Form(s) you use are legally suitable for the purposes intended and that they are current with respect to all laws and regulations.