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Under Oregon law a seller must disclose to the buyer any material defects known to the seller that would not be readily apparent to a buyer. Oregon civil law also imposes on all parties to a contract a duty of good faith and fair dealing.
(18) Working without a construction permit in violation of ORS 701.098, $1,000 for the first offense; $2,000 and suspension of CCB license for three (3) months for the second offense; $5,000 and permanent revocation of CCB license for the third and subsequent offenses.
A preliminary notice is not required on Oregon public works projects to secure the right to make a claim against the payment bond. However, any party may send notice to promote visibility and communication on a project.
A 20-Day Preliminary Notice, also known simply as a Preliminary Notice, is filed with the Orange County Clerk-Recorder Department by a subcontractor or material supplier to inform a property owner, direct contractor, project lender or other interested party that they are working on a project and have a right to file a
By law, sellers must disclose what they know about the property. Oregon is not a "buyer-beware" state; it is a full disclosure state. Sellers who do not disclose all that they know about their property risk a lawsuit for withholding material facts. This can result in financial loss, and in some cases, nullify the sale.
Reject the bid. Explain the reason for the rejection, such as the estimated cost was too high or that another company had more experience with the particulars of the project. You may also say if there was something wrong with the bid, which can help the contractor to avoid making the same mistake in the future.
A preliminary notice is mailed to the property owner, general contractor, and construction lender at the start of a project. This notice informs your customer that you officially have the right to collect unpaid costs and file a mechanics lien, if they fail to pay.
Oregon Property Disclosure Statement: What You Must Disclosetitle to the property and existing encumbrances, such as easements and liens. domestic water sources and irrigation. sewage disposal. insulation, including whether there is insulation in the ceiling, walls, and floor.
If you're new to a neighborhood, beware. Real estate listings don't reveal all. Oregon doesn't require real estate agents to say that someone was violently murdered inside a house or even investigate if meth was cooked there.
Although an old legal doctrine called caveat emptor (buyer beware) is not imposed upon Oregon buyers, a seller has to disclose only known material defects.