Contracts
In Oregon, the buyer's right to rescind after receiving a Seller's Property Disclosure Statement is:
A3 business days
B5 business days✓ Correct
C10 business days
DThere is no rescission right
Explanation
Oregon law gives buyers 5 business days after receiving the Seller's Property Disclosure Statement to rescind their offer without penalty. This right ensures buyers have an opportunity to review the disclosure before being bound.
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