You can never get in trouble for over-disclosing! Yes, Sellers- you must disclose everything that you know about your property and home when completing the Sellers Property Disclosures in Oregon. The more you tell the buyer, the better. I promise!
The Seller’s Property Disclosure is a document that all sellers in Oregon must complete. It is a list of “material facts” about problems of which you are aware regarding history and condition. Both federal and state laws govern what must be disclosed during a property sale. For a sample copy of Sellers Property Disclosures in Oregon, click here.
As the homeowner, you must be the person to complete these disclosure forms. By law, your real estate agent cannot complete these forms for you, even if you have provided them with the answers. As you fill out these forms it is important to remember that you should strive to answer all of the questions to the best of your ability. Don’t sweat the small stuff, but make sure you disclose everything that you’d want to be disclosed to you if you were the buyer.
Some states require that a seller disclose if a death has occurred in a home. Oregon is not one of those states. There are sellers, however, that will disclose this as a matter of integrity.
It is entirely possible that a seller may not know the answer to certain questions on the Sellers Property Disclosures. If you are unsure, it is best to say so. If you do not know the exact age of the roof if you’re not the original owner, answer “Do Not Know”. I would caution using this as the answer out of ease, however. This could raise a flag with potential buyers. Take your time to complete the Sellers Property Disclosures with as much care as possible.