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Oregon · ORS 105.475Oregon seller's property disclosure statement: 5 business days to revoke

In Oregon the seller of a one-to-four unit home (and certain condos, timeshares and manufactured dwellings) completes the statutory seller's property disclosure statement and delivers it to each buyer who makes a written offer (ORS 105.465). Unless the buyer has waived it in writing, the buyer has 5 business days after delivery to revoke the offer by a separate signed statement disapproving the disclosure; all deposits are then returned. If the seller refuses to provide the statement, the buyer may revoke at any time before closing.

The rules

  1. Which property (105.465)

    One to four dwelling units; a condominium unit and a timeshare not covered by their own disclosure laws; a manufactured dwelling owned with its land – unless the buyer says it will not be the residence of the buyer or close family. Not leaseholds.

  2. Delivery

    The seller completes, signs and delivers the statement in the statutory form (ORS 105.464) to each buyer who makes a written offer; the statement becomes part of the offer and acceptance.

  3. 5 business days (105.475(1))

    Unless the buyer has delivered a written waiver, the buyer may revoke within 5 business days after delivery by a separate signed written statement of revocation disapproving the disclosure. Closing ends the right.

  4. Refusal and deposits (105.475(4)–(5))

    If the seller refuses, the buyer may revoke until closing. On revocation the buyer is entitled to the immediate return of all deposits and the offer is void.

Good to know

  • Exclusions are claimed in Section 1 of the form – for example the first sale of a never-occupied dwelling, sales by a financial institution after foreclosure, or by a court-appointed fiduciary.
  • The representations are the seller's only – not the lender's or a real estate licensee's (105.480).
  • The seller must prove delivery of the statement; the buyer must prove delivery of a revocation (105.485).

What the TC tracks

  • The delivery date of the statement and the 5-business-day revocation window.
  • Any written waiver by the buyer.
  • A revocation must be a separate signed statement – not just an email saying no.
  • Deposit return instructions to escrow if the buyer revokes.

Questions about the Oregon seller's disclosure

How long does an Oregon buyer have to revoke after receiving the seller's disclosure?

Five business days after delivery, by a separate signed written statement of revocation, unless the buyer waived the right in writing (ORS 105.475(1)).

What if an Oregon seller refuses to give the disclosure statement?

The buyer may revoke the offer at any time before closing (ORS 105.475(4)).

Does the buyer get the earnest money back after revoking in Oregon?

Yes. The buyer is entitled to immediate return of all deposits and other consideration, and the offer is void.

Are real estate agents liable for the Oregon seller's disclosure?

The statute says the representations are the seller's only and licensees are not bound by or liable for them (ORS 105.480).

Does the Oregon disclosure apply to condos?

Yes, to a condominium unit not subject to disclosure under ORS 100.705.

Related guides

Add the disclosure delivery and the 5-business-day revocation window as dated tasks on the deal in ClosingCode, with reminders.

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Source: Oregon Revised Statutes §§105.462–105.490 (oregonlegislature.gov, read October 24, 2026).

General information, not legal advice. ClosingCode is software; it is not a law firm or brokerage.