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Form 80 Online Oregon: What You Should Know
Property Disposition (PDS) Forms — realty trademarks.org Property Disposition Property sales are reviewed and assigned a priority to the following: First Sale to the Buyer Second to Buyer, if within the first sale only Third to Buyer if within any other of the sales, if at least 6 months has passed between sale of the first to the buyer If all property sales are assigned to the highest bidder, the property becomes a “restricted” sale. In a “restricted” sale, a buyer's offer and a seller's offer must be made separately with any and all property sales closed by the end of the same business day. If property is sold prior to the end of the previous business day, the property becomes an “unrestricted” sale and an offer is received for the property no later than the end of the previous business day. If no offers have been received, the property becomes “restricted” and no auction is held. If a restricted sale is held, the transaction must either be completed or the property sold, and the escrow agent must deliver the title to any subsequent titleholder. The escrow agent must also complete and deliver to the buyer their signature waiver form, and must not close the property until after the buyer has signed and delivered the title. If a property is sold and resold, the seller must pay all escrow service charges and any and all other costs for the second sale. If the property is not sold again, the seller may apply the proceeds of the subsequent sale for their initial seller's escrow account deposit. Property Sold by Owner and Reseller — realty trademarks.org Property Sold by Owner and Reseller (SVR) Landowner Purchased Real Property (PURE) in the County of Jefferson: A Letter from the Secretary of State PURE is a special form to address questions about property sold through an owner-purchased real estate transaction (PURE). It allows the Seller to request a change from their original sales agreement to a PURE agreement. If these two written agreements are not in the same form, the Seller must complete and send both to the seller's realty agent or broker to be completed. Seller's escrow account must deposit in the seller's name as shown below as part of the property transaction.
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