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OREF 058 Has Changed—Here’s How Inspections Are Handled Now

Q:  With the removal of OREF 058 – Professional Inspection Addendum and its replacement with OREF 058 – Advisory to Buyer Regarding Due Diligence, where should buyers and agents now identify requested inspections and who is responsible for paying for them? 

  

A:  Section 12.2(a) of OREF 001 – Residential Real Estate Sale Agreement contains the standard inspection contingency language. It provides that, during the inspection period, the buyer may obtain any inspections they choose at their own expense, without having to list them in advance—unless the inspection is invasive.     

This approach gives buyers flexibility. They can decide, as inspections are completed, whether additional evaluations are needed, and arrange them without first needing the seller’s approval.  

If a buyer wants the seller to pay for a specific inspection, that arrangement would need to be negotiated separately, typically in Section 29 – Additional Provisions.

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.