2011 Oregon Revised Statutes
ORS Volume 3, Chapters 90 - 130
ORS Chapter 105
105.480 Representations in disclosure statement; application.


OR Rev Stat § 105.480 (through Leg Sess 2011) What's This?

(1) The representations contained in a seller s property disclosure statement and in any amendment to the disclosure statement are the representations of the seller only. The representations of the seller are not representations of:

(a) A financial institution that may have made or that may make a loan pertaining to the property covered by a seller s property disclosure statement, or that may have or take a security interest in the property covered by a seller s property disclosure statement.

(b) A real estate licensee engaged by the seller or buyer.

(2) Neither a financial institution nor a real estate licensee is bound by or has any liability with respect to any representation, misrepresentation, omission, error or inaccuracy contained in the seller s property disclosure statement required by ORS 105.465 or any amendment to the disclosure statement. [1993 c.547 4b; 1997 c.631 400; 2001 c.300 69; 2003 c.328 7]

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