Oregon License Law
When must an Oregon licensee provide the Seller's Property Disclosure Statement (SPDS) to a buyer?
AAfter the buyer's offer is accepted
BAs soon as practicable — typically before the buyer submits an offer✓ Correct
COnly at closing
DWhen the first showing is scheduled
Explanation
Under ORS 105.464, sellers must deliver the Seller's Property Disclosure Statement to prospective buyers before the buyer makes an offer (or as part of the offer presentation).
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Key Terms to Know
State-Specific Concepts
Disclosure Requirements
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