Property Rights

ORS 105.470
Exclusions from ORS 105


ORS 105.462 (Definitions for ORS 105) to 105.490 (Effect of ORS 105), 696.301 (Grounds for discipline) and 696.870 (Duties of real estate licensee under ORS 105) do not apply to:

(1)

The first sale of a dwelling never occupied, provided that the seller provides the buyer with the following statement on or before the date the buyer is legally obligated to purchase the subject real property: “THIS HOME WAS CONSTRUCTED OR INSTALLED UNDER BUILDING OR INSTALLATION PERMIT(S) #___, ISSUED BY _____.”

(2)

Sales by financial institutions that acquired the property as custodian, agent or trustee, or by foreclosure or deed in lieu of foreclosure.

(3)

The following sellers, if appointed by a court:

(a)

Receivers;

(b)

Personal representatives;

(c)

Trustees;

(d)

Conservators; or

(e)

Guardians.

(4)

Sales or transfers by governmental agencies. [1993 c.547 §7; 1995 c.198 §1; 2003 c.328 §5]

Source

Last accessed
Mar. 11, 2023