Contracts
In Oregon, a real estate contract that includes an integration clause means:
AThe contract was reviewed by OREA
BThe written contract constitutes the entire agreement and supersedes all prior negotiations and verbal agreements✓ Correct
CThe buyer and seller have equal rights under the contract
DAll exhibits are incorporated only if separately signed
Explanation
An integration (or merger) clause states that the written purchase agreement represents the complete and final understanding of the parties, replacing all prior oral discussions, emails, or negotiations. Parties cannot introduce evidence of prior discussions to contradict the written terms — this protects the finality of the written contract.
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