Oregon Real Estate Purchase Agreement Template: Free 2025 PDF & Word Download

As a real estate attorney who has drafted and reviewed hundreds of Oregon real estate contracts over the past 12 years, I know how stressful buying or selling a home in Oregon can feel when you're staring at a blank document. That's why I've created a comprehensive, attorney-reviewed Oregon real estate purchase agreement template that you can download and customize for free. This Oregon residential purchase agreement follows current Oregon law (including ORS Chapter 93, ORS 105, and recent legislative changes) and is designed for residential transactions between private buyers and sellers.

Before we continue: This template is for informational purposes only and does not constitute legal advice. Real estate laws change frequently, and your specific situation may require modifications. Always consult a licensed Oregon real estate attorney or title company before signing any binding contract.

Free Oregon Real Estate Sales Agreement Template – Instant Download

Download Oregon Real Estate Purchase Agreement (PDF)   |   Download Oregon Real Estate Purchase Agreement (Word .docx)

Updated for 2025 – Includes required Oregon disclosures, lead-based paint, property condition, and wildfire hazard zones.

What Is an Oregon Residential Purchase Agreement?

An Oregon real estate sales agreement (also called a purchase and sale agreement or PSA) is the legally binding contract between a buyer and seller that outlines every detail of the residential property transaction. In Oregon, this document becomes enforceable once both parties sign, even before closing occurs.

Unlike many states that rely heavily on standardized forms from realtor associations, Oregon law permits private sales using custom contracts. However, your Oregon real estate contract MUST include certain statutory disclosures and notices to be valid.

Why You Need a Strong Oregon Real Estate Contract in 2025

During my years practicing in Portland, Bend, Eugene, and throughout Oregon, I've seen too many transactions nearly collapse because of poorly drafted agreements. A solid Oregon residential purchase agreement protects both parties by clearly defining:

• Purchase price and financing terms
• Property condition and required disclosures
• Timeline for inspections, appraisals, and closing
• Who pays which closing costs (customary in Oregon varies by county)
• Contingencies and default remedies
• Required Oregon-specific disclosures (more on this below)

Key Oregon-Specific Requirements Your Contract Must Include

Oregon has some of the strongest buyer protection laws in the nation. According to Oregon Revised Statutes and guidance from the Oregon Real Estate Agency, your Oregon real estate purchase agreement must address:

Required Element	Legal Reference	Why It Matters
Property Disclosure Statement	ORS 105.464 – 105.490	Sellers must deliver a completed seller property disclosure form within 5 days of acceptance unless waived in writing
Lead-Based Paint Disclosure	42 U.S.C. § 4852d	Federal requirement for homes built before 1978
Wildfire Hazard Zone Disclosure	ORS 105.475 (updated 2023)	Required if property is in a designated high-risk wildfire area
Carbon Monoxide Alarm Notice	ORS 105.836 – 105.843	Must confirm working CO detectors
Flood Zone Disclosure	ORS 93.040	If property has flooded twice in 10 years, special notice required

How to Fill Out the Oregon Real Estate Sales Agreement Template

Here's my step-by-step guidance based on reviewing thousands of these contracts:

1. Parties and Property Description – Include full legal names and the complete legal description (not just street address). I always pull this from the county tax records.
2. Purchase Price and Earnest Money – Specify exact amount, how earnest money is held (title company is safest), and what happens if the buyer defaults.
3. Financing Contingency – Most buyers need this. Oregon law allows reasonable time periods (typically 17-21 days).
4. Inspection Contingency – Oregon buyers have a statutory right to inspect. Include response and repair negotiation deadlines.
5. Title Review Period – Buyers get 5 business days to object to title exceptions after receiving preliminary title report.
6. Closing and Possession Date – Be specific. In Oregon, possession typically transfers at closing unless otherwise agreed.
7. Closing Costs – Oregon tradition has seller paying owner’s title policy and buyer paying lender’s policy, but this is negotiable.

Common Mistakes I See in DIY Oregon Real Estate Contracts

After reviewing countless problem contracts, here are the errors that most frequently lead to disputes:

• Not attaching the required Seller’s Property Disclosure Statement
• Forgetting to include the federally required lead-based paint pamphlet
• Using “as-is” language that conflicts with Oregon’s disclosure requirements
• Unclear earnest money refund conditions
• Missing the statutory mediation/arbitration notice (ORS 93.270)
• Not specifying which party selects the escrow/closing agent

When to Use This Template vs. Hiring a Professional

While I provide this free Oregon real estate purchase agreement template, I always recommend professional review when:

• The transaction exceeds $500,000
• There are trusts, LLCs, or probate issues involved
• The property has known defects or legal issues
• You're buying or selling investment property
• There are multiple offers or complex contingencies

Frequently Asked Questions About Oregon Real Estate Contracts

Do I need a real estate agent to buy or sell in Oregon?
No. Oregon allows For Sale By Owner (FSBO) transactions, and this template is perfect for those situations.

Is a verbal agreement binding in Oregon?
No. Under the Statute of Frauds (ORS 41.580), real estate contracts must be in writing and signed.

How long do buyers have to cancel after signing?
Generally, once both parties sign, it's binding unless contingencies allow termination.

Who pays closing costs in Oregon?
Negotiable, but traditionally: Seller pays owner's title policy and half of escrow fees; Buyer pays lender's title policy, survey (if required), and recording fees.

Download Your Free Oregon Residential Purchase Agreement Today

Ready to move forward with confidence? Download my attorney-reviewed template now:

Download Free Oregon Real Estate Purchase Agreement (PDF)

Download Free Oregon Real Estate Purchase Agreement (Word)

Last updated: November 2025. This Oregon real estate contract template complies with current Oregon law as of publication date. Always verify with current statutes.

Remember: This free Oregon real estate sales agreement template is a starting point. For your protection, have any real estate contract reviewed by a licensed Oregon attorney before signing.