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Tag: Dear Forms Committee

Personal property vs. fixtures in OREF Sale Agreements—what’s the difference?

Personal property vs. fixtures in OREF Sale Agreements—what’s the difference?

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Q: What is the difference between “Personal Property” and “Fixtures” in the OREF Sale Agreements? A: “Personal property” is movable property, such as furniture, pictures, and hoses. “Fixtures” were personal property at one time, but now they are items attached to the structure in a

Terminating After Reviewing the Seller’s Property Disclosure: Which OREF Form to Use?

Terminating After Reviewing the Seller’s Property Disclosure: Which OREF Form to Use?

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  Q: After reviewing a completed OREF 020 – Seller’s Property Disclosure Statement, a buyer I am representing in a purchase has decided to terminate the transaction. I have thoroughly reviewed OREF 064 – Buyer’s Notice of Unconditional Disapproval, and I can’t find an option

Private Well Test Shows Safe Levels—Can the Buyer Still Back Out Over Trace Arsenic?

Private Well Test Shows Safe Levels—Can the Buyer Still Back Out Over Trace Arsenic?

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Q: I represent the seller in the sale of a residential property that includes a well supplying groundwater for domestic purposes.  In accordance with Oregon law, the seller has had the water quality tested for nitrates, arsenic, and total coliform bacteria.  The test results show