Contracts
In Oregon, when a buyer exercises their right to terminate under an inspection contingency, what must they typically provide to the seller?
AA copy of the inspection report
BWritten notice of termination within the specified contingency period✓ Correct
CA list of all defects found in the inspection
DA proposed repair credit amount
Explanation
To exercise an inspection contingency in Oregon, the buyer typically must provide written notice of their election to terminate within the contingency timeframe specified in the contract. Under most Oregon standard forms, the buyer is not required to provide the inspection report, specific reasons, or a repair list to exercise the right to terminate — they simply need to provide timely written notice.
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