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OREGON ADDENDUM TO RESIDENTIAL MORTGAGE LOAN APPLICATION Borrower(s):Date: Loan Number:Property Address: Broker:Loan Originator:For properties or current residences located in Oregon: Oregon law provides
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How to Fill Out Oregon Addendum to Residential:

01
Start by carefully reading the addendum: Before you begin filling out the Oregon Addendum to Residential form, make sure you thoroughly read through the document. Take note of any specific instructions or requirements stated in the addendum.
02
Provide accurate information: Ensure that all the requested information on the addendum is filled out accurately. This may include details such as property address, date, buyer/tenant information, and seller/landlord information. Double-check your entries for any errors or missing information.
03
Understand the terms and conditions: Familiarize yourself with the terms and conditions stated in the addendum. This may include clauses related to repairs, maintenance, utility bills, pets, or any specific agreements between the buyer/tenant and seller/landlord. Make sure you understand the implications of each clause before proceeding.
04
Seek legal advice if needed: If you have any doubts or concerns about any section of the addendum, it is recommended to consult with a legal professional or real estate agent. They can provide guidance on interpreting the terms, explain any legal implications, and ensure that your interests are protected.
05
Communicate with the other party: If you are a buyer/tenant, it is important to communicate with the seller/landlord regarding any specific requests or modifications you may have. Open and clear communication can help ensure that both parties are on the same page and can lead to a smoother transaction.

Who Needs Oregon Addendum to Residential?

01
Buyers purchasing residential property in Oregon: If you are in the process of buying residential property in Oregon, you may need to fill out the Oregon Addendum to Residential. This addendum provides specific terms and conditions that may supplement or modify the existing purchase agreement.
02
Tenants entering into a residential lease agreement in Oregon: Individuals who are looking to enter into a residential lease agreement in Oregon may also be required to fill out the Oregon Addendum to Residential. This addendum is designed to address specific issues related to renting residential property in the state.
Please note that the specific circumstances in which the Oregon Addendum to Residential is required may vary. It is advisable to consult with a legal professional or real estate agent to determine if this addendum is necessary for your particular situation.
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