(a) All goods you have exchanged, all payments made under the sales contract and all cheques or notes you sign will be returned within 10 business days of receiving your withdrawal from the Seller. All security interests arising from the transaction will be waived. The real estate seller can refuse, accept or negotiate the offer until the end of the offer. Once both parties have signed the contract, the contract will be legally binding. A purchase and sale contract in Oregon is provided to an owner by a buyer who wishes to acquire a residential property. The document transmits the buyer`s proposal and sets out a period during which the owner must accept the terms before the offer expires. If the owner rejects the original proposal but wishes to negotiate new terms, he may submit a counter-proposal with conditions adapted to his preferences (this may be necessary if the owner wishes to change the purchase price, financing conditions, reference date or other provisions). Under Section 105.465(2), sellers are required to provide any person making a formal offer to purchase a property located in Oregon with a declaration of disclosure of the property. Seller Disclosure Statement (105.464) – The seller is legally required to detect all known defects of the sale property by filling out the disclosure form and providing a signed copy to the buyer. The buyer also has the right to have an inspection carried out on the place of residence at his own expense in order to better know the condition of the apartment. 3. In the case of a sale of dwellings subject to the federal provisions under the 16th C.F.R.part 429, the seller may provide the notification prescribed by federal regulations in lieu of the notice provided in paragraph 2 of this section, where the notice prescribed by the federal regulations contains the information referred to in subsection 1 sub c) of this section.
(3) To cancel this transaction, send an email or a signed or dated copy of this communication or any other written expression of your intention to cancel or send a telegram to (the Seller`s name) (address of the Seller`s place of business) no later than 12:00 (date), the third business day following the signing of the written agreement or offer to purchase. (d) If you do not make the goods available to the Seller or if you agree to return the goods to the Seller and do not return the goods, you must honour all your obligations under the sales contract. (b) You can either make available to the seller in your place of residence, in a condition that is as good as at the time of receipt all the goods that are delivered to you under the sale contract, or you can comply with the Seller`s instructions regarding the return of the goods at the seller`s expense and peril.
