OREF 001 Res Sale Agreement with markups 2025

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The document is a Residential Real Estate Sale Agreement for a property transaction in Oregon. It outlines the agency relationships between the buyer and seller, details regarding the purchase price, financing options, contingencies, inspections, title insurance, and closing procedures. The agreement emphasizes the legal binding nature of the contract and encourages both parties to seek legal advice if needed. It also includes provisions for earnest money deposits, seller representations, and dispute resolution methods.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Which document is used to give a buyer an overview of the title history and information about what is or isn t covered in an insurance policy?

An abstract of title, or property abstract, is a collection of legal documents detailing the history of a piece of real property and any legal claims against it.

What is the primary document for establishing the agreed upon price between a buyer and seller?

A purchase agreement is an offer that evolves into a contract. A purchase agreement, also known as a real estate sales contract, is the document the buyer and seller use to detail the sale price and terms.

What document contains the price and sale terms agreed to by the buyer and seller?

A sales and purchase agreement is a legally binding agreement obligating a buyer and a seller to terms of a transaction. The SPA outlines all of the terms and conditions of the exchange and must be signed by both parties.

What is an agreement in which the seller guarantees the named broker receives a commission if the property is sold even if the seller brings the buyer themselves?

An exclusive right to sell grants a single real estate agency exclusive authority to market and sell a property, ensuring the listing agent earns a commission regardless of who finds the buyer. While this agreement is active, the property owner cannot use another agent.

What is the primary document used to negotiate the transaction between a buyer and seller?

For real estate sales to convey ownership of a property, the primary document used to negotiate the transaction between a buyer and seller is the purchase agreement (PA), also known as a deposit receipt. Numerous California publishers produce purchase agreement forms, all of which are legal for use in California.