Twenty-seven years ago, there were multiple form sets for real estate transactions in use throughout Oregon. At that time, it was strongly recommended that the Realtor® community develop a statewide set of transaction forms to mitigate consumer risk. In light of that recommendation, the Oregon Association of Realtors®, the Portland Metropolitan Association of Realtors®, and the Eugene Association of Realtors® jointly formed Oregon Real Estate Forms, LLC (“OREF”) to create a trusted, integrated, and uniform set of transaction forms that could be used by real estate professionals in Oregon. Over the next 25 years, OREF developed and continually refined the current OREF forms library with input from its three association owners and Realtors® from around the state. During that period, Oregon’s real estate professionals have had the option of using OREF’s consistent and widely used set of forms. OREF believes that using its forms has become the standard practice in Oregon.
In 2020, Oregon Realtors® decided to withdraw from its co-ownership of OREF and create a new set of forms.