Under Oregon's Seller's Property Disclosure Act, which type of residential property transaction triggers the seller's obligation to provide a written disclosure statement?
Correct Answer
A) Residential real property consisting of one to four dwelling units
Under ORS 105.464, the seller's disclosure obligation applies to residential real property consisting of one to four dwelling units. This is the statutory scope of Oregon's Seller's Property Disclosure Act.
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In Vermont, a client refuses to allow a disclosure the licensee believes is necessary. Which statement is correct?
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- → In Vermont, covered pre-1978 property is shown to a buyer. Which statement is correct?
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- → An Oklahoma licensee is asked about a seller learns of a new defect after already delivering a disclosure or disclaimer statement. What is the best answer?
- → Which Oklahoma rule applies when a seller wants to use the Oklahoma disclaimer statement instead of a disclosure statement?
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