Oregon Real Estate Forms (OREF) 101

OREF 101 is your comprehensive introduction to Oregon Real Estate Forms (OREF), who we are, and how we operate. The course begins by explaining OREF's mission and the role our forms play in supporting real estate professionals and their clients. You will gain insight into how OREF develops and maintains its forms, as well as how our resources can strengthen your business practices and client service.

The heart of the course is a detailed, clause-by-clause examination of the OREF 001 – Residential Real Estate Sale Agreement. You will learn how to accurately complete every section of the form, understand the meaning of its provisions, and confidently explain each element to your clients. Through this step-by-step approach, you will build both technical knowledge and the practical skills to apply that knowledge in real-world transactions.

Key topics include:

• Understanding Contingencies – Learn what contingencies are, why they matter, and how to use them to protect your client's interests.
• OREF's Role in Your Business – Explore how OREF supports you with standardized, legally vetted forms and resources.
• Types of Sale Agreements – Compare the various sale agreements available and when each is appropriate.
• Navigating Key Provisions – Identify and work with the most critical provisions that can impact a transaction's outcome.
• Clarifying Definitions – Understand the meaning of specialized terms and language used in the form.
• Fixtures vs. Personal Property – Distinguish between these two categories and learn how to protect your client's rights regarding them.
• Financing Options – Review the different types of financing and how to document them clearly and accurately in the offer.
• Inspections and Timelines – Understand how to specify which inspections will occur, document them properly, and negotiate timelines effectively.
• Related OREF Forms – Discover other OREF forms that are essential to a smooth transaction process and how they interact with the sale agreement.

By the end of OREF 101, you will not only know how to fill out OREF 001 with confidence, but also how to use it as a powerful tool to guide clients, manage risk, and facilitate successful transactions.