Oregon Real Estate Purchase and Sale Agreement (Investor PDF)
An investor-ready purchase and sale agreement drafted for Oregon transactions, plus a plain-English summary of what Oregon law expects in a residential purchase contract. Free PDF, no signup required.
Oregon Purchase and Sale Agreement
Free PDF • Updated July 2026
Part of our free real estate investor forms library.
What Oregon Requires in a Purchase Contract
These are the contract and disclosure requirements our research identified for Oregon residential transactions, with statute citations. Requirements change; always confirm the current rule before closing.
Seller's Property Disclosure Statement Verbatim language required
ORS 105.462 - 105.490 (statutory form at ORS 105.464)
Seller must deliver the statutory-form disclosure; buyer has 5 business days after delivery to revoke the offer by written notice with full refund of deposits, unless buyer delivered a written waiver of the revocation right; if seller never delivers the statement, buyer's revocation right continues until closing.
Applies to: residential 1-4 unit property (exemptions at ORS 105.470 include first sale of a never-occupied new dwelling, foreclosure-related and fiduciary transfers)
ORS 93.040(2) Mandatory Sale Agreement / Earnest Money Statement Verbatim language required
ORS 93.040(2)
Every owner's sale agreement and earnest money receipt must contain the statutory land use / fire protection statement verbatim in the body of the instrument.
Applies to: ALL owner's sale agreements and earnest money receipts for fee title to Oregon real property (not limited to residential)
ORS 93.040(1) Mandatory Deed Statement Verbatim language required
ORS 93.040(1)
Every instrument transferring or contracting to transfer fee title (i.e., the deed or land sale contract, as distinct from the sale agreement) must contain the statutory land use statement verbatim; transfer on death deeds are exempt (ORS 93.040(6)).
Applies to: all deeds and instruments conveying or contracting to convey fee title to Oregon real property
ORS 93.040(3) Historic Special Assessment Statement Verbatim language required
ORS 93.040(3)
If the property is subject to historic-property special assessment under ORS 358.505, the sale agreement/earnest money receipt must include the statutory statement in the body or by addendum.
Applies to: only properties under ORS 358.505 historic special assessment
Residential Property Wholesaler Disclosure and Cancellation Right (HB 4058)
Or. Laws 2024, ch. 86 (HB 4058); ORS ch. 696 additions; effective Jan 1, 2025, registration from Jul 1, 2025
Registered wholesalers must give a written wholesaler disclosure to all parties and include it in advertising; a seller or buyer in a wholesale transaction may cancel the contract without penalty by written notice any time before midnight of the 3rd business day after receiving the disclosure, and this cancellation right CANNOT be waived.
Applies to: residential property wholesale transactions (marketer holds only equitable interest/option, held under 90 days, under $10,000 invested in development/improvements)
Domestic Well Water Testing
ORS 448.271
On sale of property with a domestic well, seller must test the well for arsenic, nitrates, and total coliform bacteria and report results to buyer and the Oregon Health Authority.
Applies to: properties served by a domestic water well
Lead-Based Paint Disclosure (federal) Verbatim language required
42 U.S.C. 4852d; 24 CFR Part 35 / 40 CFR Part 745
Federal lead disclosure, pamphlet, and 10-day inspection opportunity rider for pre-1978 housing.
Applies to: pre-1978 residential
Oregon Regulates Wholesaling
HB 4058 (2024), Or. Laws 2024 ch. 86, administered by the Oregon Real Estate Agency; effective Jan 1, 2025; registration required from Jul 1, 2025
Oregon now REGISTERS residential property wholesalers: anyone (other than licensed brokers/principal brokers) marketing residential property while holding only an equitable interest or purchase option for fewer than 90 days with less than $10,000 invested must register with OREA ($300 initial, $300 annual renewal by June 30). Requires written disclosure to all transaction parties and in advertising; both seller and buyer get a non-waivable 3-business-day cancellation right after receiving the disclosure. HB 4058 also bans future-right-to-list agreements.
See how Oregon compares in our wholesaling laws by state table.
Oregon Closing Practice at a Glance
| Deed convention | Statutory warranty deed (ORS 93.850); statutory special warranty deed (ORS 93.855) and bargain and sale deed (ORS 93.860) for investor/fiduciary conveyances |
| Transfer tax | None statewide - new real estate transfer taxes are prohibited by ORS 306.815; sole grandfathered exception is Washington County's 0.1% transfer tax |
| Customary payer | n/a statewide; in Washington County customarily split 50/50 between buyer and seller (negotiable) |
| Attorney closing | Attorney not required for a typical closing. Escrow state - title insurance companies handle escrow closings; attorneys not customary for standard residential transactions. |
| Witness and notary | Deeds require acknowledgment before a notary (ORS 93.410) for recording; no witnesses required. County clerk may not record fee-title instruments lacking the true and actual consideration statement (ORS 93.030) - deeds must recite consideration on their face. |
More Investor Resources
Disclaimer: This template and summary are provided free for reference and educational purposes. Clearway Home Buyers is not a law firm and does not provide legal advice, and no attorney-client relationship is created by downloading or using these forms. Real estate law varies by state and by transaction. Review any form with a licensed Oregon attorney before use. Read the full disclaimer.
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