Oregon Real Estate Practice Test 2025 – Your All-in-One Guide to Exam Success!

The property seller typically holds the responsibility of disclosing property defects. In real estate transactions, sellers are legally obligated to provide potential buyers with information about known defects and issues that could affect the property's value or safety. This disclosure is intended to ensure transparency and protect buyers by allowing them to make informed decisions.

This responsibility is outlined in various state laws and regulations, including specific forms that sellers must complete to disclose material facts about the property. By doing so, sellers aim to mitigate the risk of future legal issues stemming from undisclosed problems after the sale has been completed.

While real estate agents and home inspectors play important roles in the transaction process, they do not have the same legal obligation to disclose defects. Agents may encourage sellers to be forthcoming about issues, and inspectors can report on the condition of the property, but the primary responsibility lies with the seller, who has firsthand knowledge of the property's condition. Buyers, on the other hand, typically rely on the disclosures provided by the seller and the results of inspections when assessing the property.

Ask an Examzify Tutor