Seller's Information for Appraiser provided to Buyer - Oregon 2025

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The document is an information form for appraisers, designed to collect essential details about the property and the owner for appraisal purposes. It includes sections for owner information, property details, known liens, and the purpose of the appraisal, indicating whether it is for selling or refinancing.
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Key Elements of a Real Estate NDA: Definition of Confidential Information: This clause specifies what information is considered confidential, possibly including financial data, tenant information, potential uses of the property, and price terms.
They may not reveal clients confidential information, use their clients confidential relationship to their clients disadvantage, or use their clients confidential information to the advantage of the realtor or a third party unless the client consents after full disclosure, the realtor is required to do so by court
To that end, many appraisers believe that any communication with individuals involved in the transaction including real estate agents is unlawful. However, the Bureau Chief of Californias Bureau of Real Estate Appraisers (BREA) debunked this view in a recent BREA newsletter.
Sellers Common Law Disclosure Duties Under Oregon law a seller must disclose to the buyer any material defects known to the seller that would not be readily apparent to a buyer. Oregon civil law also imposes on all parties to a contract a duty of good faith and fair dealing.
For example, if you were sold a house and the seller failed to disclose that mold exists on the property, and you would not have bought the house if you had known about the mold, then you would be entitled to damages.

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Trade secrets are intellectual property (IP) rights on confidential information which may be sold or licensed.
Real estate licensees have a duty to keep certain information confidential. Things such as a clients personal and contact information or details relating to real estate transactions (including bank details or financial records) should not be disclosed to third parties.
Confidential information is information disclosed by one party to another in any way that is designated as confidential. It can be communicated directly, indirectly, orally, in written form or by inspection of tangible objects like documents, prototypes, samples, production plants and equipment.

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