l9n/ Oregon

2023 Regular Session

Senate Bill 898

Requires reseller that purchases residential property for subsequent resale to provide buyer with supplemental property disclosure statement concerning improvements to residential real estate and related information.

Did not become law. It stopped in the Senate's Housing and Development Committee on June 25, 2023. The 2023 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Requires reseller that purchases residential property for subsequent resale to provide buyer with supplemental property disclosure statement concerning improvements to residential real estate and related information. Specifies contents of supplemental property disclosure statement and date by which reseller must deliver supplemental property disclosure statement to buyer. Provides that failure to provide supplemental property disclosure statement to buyer entitles buyer to rescind offer to buy residential real estate. Specifies that buyer may presume that person that sells residential property is reseller and must provide supplemental property disclosure statement if person purchased residential property not more than one year before listing residential property for sale and did not occupy or rent residential property to another person before listing residential property for sale or vacated residential property while work occurred on improvement and did not reoccupy or rent residential property to another person before listing residential property for sale. Takes effect on 91st day following adjournment sine die.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

Its course

February 13 to June 25, 2023, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action4 actions on 3 days

In the SenateFeb 13 to Jun 25 · stopped132 days

Waiting for a committeeFeb 13 to Feb 130 days

Housing and DevelopmentFeb 13 to Jun 25 · stopped132 days

Text

Each version as the Legislative Assembly printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.

In the Senate Feb 13 – Jun 25

  1. Introduced
  2. Sent to Housing and Development
  3. Heard in Housing and Development
  4. Died when the session ended
All 4 actions, as published