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Tip of the Week: OREF 070 – Investment Property Addendum

If a buyer is purchasing a property that is currently being used as, has previously been used as, or will in the future be used as a rental – include OREF 070 – Investment Property Addendum in the transaction to allow the buyer to create a contingency for a period of time to investigate aspects of the property that are not covered by inspections.

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.