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OREF 020 – Seller’s Property Disclosure Statement

When it comes to selling a home, transparency is more than just good practice; it is a requirement. That is where the Seller’s Property Disclosure Statement comes in. Oregon requires most sellers to complete this form, giving buyers a clear picture of the home’s condition, from squeaky faucets to roof repairs. Think of it as spilling the property tea, the must-share details that keep everyone informed and confident.

For agents, helping sellers understand this form is essential. A complete and accurate disclosure builds trust, smooths out the transaction, and helps prevent post-closing surprises or legal disputes. Clear disclosure means fewer headaches, happier clients, and stronger deals.

Download the OREF 020 – Sellers Property Disclosure Statement Handout here!

Do you have an idea or suggestion for a new form or edits to existing forms? We want to hear from you! Submit your ideas to our Forms Committee here.

 

Always 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.