Wholesaling real estate in Oregon
Oregon has rules aimed at wholesaling: registration or qualifying license. Effective July 1, 2025, covered residential wholesaling requires registration or a qualifying Oregon real estate license. Use the correct official disclosure, including in covered advertising. The parties have a three-business-day cancellation right.
What the research found
- Wholesaling review: Registration or qualifying license.
- Closing: Confirm the local closing arrangement. Ask state counsel and the selected title company which legal, settlement, escrow and recording tasks each professional may perform. Local custom alone is not an attorney-only law.
- Scope: One to four residential dwelling units. Commercial, vacant-land, foreclosure-rescue and seller-financing deals need separately reviewed forms.
Checklist before you sign a wholesale contract in Oregon
- Confirm the permitted deal structure. State counsel must address licensing, registration, the actual marketing activity, assignment or novation, and any foreclosure, distressed-owner, or solicitation restrictions. Draft availability is not permission to wholesale without a license.
- Complete the required disclosure package. Record the current prescribed state forms, delivery timing and acknowledgements, or the attorney’s supported exemption determination. The general seller questionnaire does not replace statutory forms.
- Check federal lead-paint requirements. For covered pre-1978 housing, provide the federal disclosure, known reports and EPA pamphlet before the buyer becomes obligated, and preserve the inspection opportunity unless lawfully modified. Document an applicable exemption separately.
- Confirm the title and closing package. Obtain the legal description, ownership and signing authority, lien payoffs, occupancy documents, required riders, and the closing company’s acceptance of this specific agreement and fee structure.
- Verify Oregon registration or qualifying license. Record the current registration or qualifying real estate license number and verification evidence.
- Use the official Oregon disclosure. Use the correct registered-wholesaler or licensee form, at least 10-point bold. Deliver before the contract to the parties and relevant licensees; retain acknowledgements and the three-business-day cancellation notice. This must be done before the purchase agreement is signed.
Oregon wholesaling questions
Is wholesaling real estate legal in Oregon?
Oregon has rules aimed at wholesaling: registration or qualifying license. Effective July 1, 2025, covered residential wholesaling requires registration or a qualifying Oregon real estate license. Use the correct official disclosure, including in covered advertising. The parties have a three-business-day cancellation right.
Do you need an attorney to close a wholesale deal in Oregon?
The research snapshot does not identify an attorney-only closing rule for Oregon. Ask state counsel and the selected title company which legal, settlement, escrow and recording tasks each professional may perform. Local custom alone is not an attorney-only law.
What disclosures does a wholesale deal in Oregon need?
Verify Oregon registration or qualifying license: Record the current registration or qualifying real estate license number and verification evidence. Use the official Oregon disclosure: Use the correct registered-wholesaler or licensee form, at least 10-point bold. Deliver before the contract to the parties and relevant licensees; retain acknowledgements and the three-business-day cancellation notice. For homes built before 1978, the federal lead-based paint disclosure and EPA pamphlet are required before the buyer is bound.
Can DealRivet draft a wholesale purchase agreement for Oregon?
Yes. DealRivet includes a cash-purchase draft and a conditional novation plan for one to four residential units in Oregon, with this state’s review checklist. Each draft must be reviewed by Oregon counsel and accepted by the closing company before anyone signs.