Chapter 701 Oregon Laws 2001
AN ACT
HB 2686
Relating to material facts
in real property transaction; creating new provisions; and amending ORS 93.275.
Be It Enacted by the People of the State of Oregon:
SECTION 1.
ORS 93.275 is amended to read:
93.275. (1) The following are among incidents that are not
material facts to a real property transaction:[, need not be disclosed in
a real property transaction and no cause of action arises against an owner of
real property, an agent of the owner or any agent of the transferee of real
property for failure to disclose:]
[(a) The occurrence
of an occupant's death by homicide or suicide upon the real property or any
details of the death; or]
[(b) That an occupant
or owner of the real property has or died from human immunodeficiency virus or
acquired immune deficiency syndrome.]
(a) The fact or
suspicion that the real property or a neighboring property was the site of a
death by violent crime, by suicide or by any other manner;
(b) The fact or
suspicion that the real property or a neighboring property was the site of a
crime, political activity, religious activity or any other act or occurrence
that does not adversely affect the physical condition of or title to real
property;
(c) The fact or
suspicion that an owner or occupant of the real property has or had human
immunodeficiency virus or acquired immune deficiency syndrome; and
(d) The fact or
suspicion that a convicted sex offender registered under ORS 181.595, 181.596
or 181.597 resides in the area.
[(2) As used in this
section, “transferee” includes a purchaser, lessee or renter of real property.]
[(3)] (2) The Legislative Assembly finds that
there is no known risk of the transmission of human immunodeficiency virus or
acquired immune deficiency syndrome by casual contact.
SECTION 2.
The amendments to ORS 93.275 by section
1 of this 2001 Act apply to real property transactions that close on or after
the effective date of this 2001 Act.
Approved by the Governor
July 2, 2001
Filed in the office of
Secretary of State July 2, 2001
Effective date January 1,
2002
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