An Oregon real estate purchase agreement is a written contract in which a seller agrees to sell and a buyer agrees to buy a property. In Oregon, a seller must complete, sign and deliver a property disclosure statement to each buyer who makes a written offer.[1.2] Download our free Oregon real estate purchase agreement template, a printable purchase agreement you can fill out online or on paper.
Last Updated: October 2026. This guide is reviewed and updated regularly to reflect current Oregon law. If you notice an error or outdated information, please contact us.
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A residential purchase and sale agreement sets out who is buying and who is selling, which property changes hands, the price, and the dates that matter. The buyer or the buyer's side often starts the process with an offer. The seller can accept it, change it or turn it down, and the deal moves forward once both sides sign the same terms.
Our template is a 12-page, 38-section agreement for residential property. Its sections cover:
Write every deadline into the contract. Specific dates tell a buyer how long an offer stays open and tell a seller how long to wait for an answer.
To complete the template, download the PDF and fill it in with our online PDF editor, or print it and write by hand.
A commercial purchase and sale agreement works like the residential one, but the property is commercial real estate such as an office, a store or a warehouse. It covers the same basics, including the parties, the property, the price and the closing terms. Timing and inspection often matter most in a commercial deal, so give both extra attention.
A commercial buyer often needs to take possession on a set date, and the seller has time limits too. Agree on dates early so neither side holds up the other. An independent, qualified inspector can check the building during the inspection period the contract sets, and the parties often negotiate again once the results are in.
The FormsPal template on this page is written for residential property.
A contingency is a condition that must be met before the buyer has to close. If the condition is not met by its deadline, the agreement usually lets the buyer end the deal or ask to renegotiate. In general practice, real estate purchase agreements name each contingency and give it its own date. The common ones are:
A buyer who wants any of these protections should confirm that the agreement includes them, with a date for each.
Earnest money is a deposit the buyer pays to show good faith once the seller accepts the offer. The purchase agreement states the amount, who holds it and when it is due. In general practice, the deposit is applied toward the price at closing. Closing is the date the buyer pays the balance, the seller hands over the deed and the buyer takes ownership.
Spell out when the buyer gets the deposit back and when the seller may keep it. A vague term about money can lead to a dispute. The FAQ below covers the Oregon rule for a buyer who revokes after getting the disclosure.
Read the whole real estate purchase agreement before you sign, because both sides are bound by what it says once they sign it. Confirm each of these points against your own records and the property file:
Keep a signed copy of the agreement and of every addendum. A purchase agreement that leaves a date or a name blank invites a dispute later.
The Oregon seller disclosure form is formally called the seller's property disclosure statement. Oregon law requires a seller to complete, sign and deliver the form to each buyer who makes a written offer to purchase real property in the state.[1.2] The statute makes one exception, which it points to in ORS 105.475 (4).
The statute also prescribes the form. Under ORS 105.464, a seller's property disclosure statement must be in substantially the following form, which the statute then sets out.[1.1]
Two more rules shape how the statement works:
These answers cover how a buyer can revoke an offer after getting the seller's disclosure, and what happens to the deposit when the buyer does. Each answer cites the Oregon statutes listed under Sources.
A buyer has five business days after delivery of the seller's property disclosure statement to revoke the offer. This applies unless the buyer has already delivered a written waiver of that right. The revocation is a separate signed written statement that disapproves the seller's disclosure.[1.3]
If a seller issues a seller's property disclosure statement and a buyer has not then delivered to the seller a written statement waiving the buyer's right to revoke the buyer's offer, the buyer shall have five business days after delivery of the seller's property disclosure statement to revoke the buyer's offer by delivering to the seller a separate signed written statement of revocation disapproving the seller's disclosure.
Count the five business days with our deadline calculator.
A buyer who revokes under this right is entitled to immediate return of all deposits and other considerations delivered to any party or escrow agent for the offer. The offer is void. This applies despite ORS 696.581.[1.3]
General information, not legal or tax advice.
