contracts

Residential Property Condition Disclaimer Statement (Oklahoma)

The Residential Property Condition Disclaimer Statement is the OREC form an Oklahoma seller may use instead of the disclosure statement, but only when the seller has never occupied the property, makes no disclosures about it, and has no actual knowledge of any defect. Investors who never lived in a home and know of no problems are the typical users. Once the seller learns of a defect, the disclaimer is no longer appropriate and a disclosure statement must be given.