A segment inside the form discusses the serious money to keep before closing the deal, as well as other contingencies and specifications. Seller`s Property Disclosure Declaration (105.464) – The Seller is legally required to detect all known defects in the Sale Property by completing the Disclosure Form and giving a signed copy to the Buyer. The buyer also has the right to have an inspection of the apartment carried out at his own expense in order to better understand the condition of the dwelling. To learn more about real estate with our questionnaire on buying or selling real estate, land or land In Oregon, sellers must complete a real estate purchase agreement and the following disclosure statement for an agreement to be deemed legally binding: The Oregon Residential Real Estate Purchase Agreement (”Contract of Sale”) is an agreement between a home seller and a potential buyer. . . .