Environmental
When selling an Oregon property with a private well, the seller should ideally provide the buyer with:
AA deed restriction limiting water use
BA recent water quality test report from a certified laboratory
CConfirmation from Oregon DEQ that the well is registered
DBoth B and C✓ Correct
Explanation
Sellers with private wells should provide buyers with a recent water quality test from a certified lab (to verify the water is safe) and confirm the well is properly registered with the Oregon Water Resources Department. Both are important due diligence items for buyers.
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Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
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