06-28-2008, 06:27 PM
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 | Conservative Hippie | | Join Date: Jul 2007 Location: Portland, Oregon
Posts: 1,559
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You don't have to in Oregon: Equity Builders Realty - Portland Oregon real estate residential, land, multi-family and commercial Quote: |
"Material fact" means information that substantially adversely affects the value of the property or a party's ability to perform its obligations in a real estate transaction, or operates to materially impair or defeat the purpose of the transaction. The fact or suspicion that the property, or any neighboring property, is or was the site of a murder, suicide or other death, rape or other sex crime, assault or other violent crime, robbery or burglary, illegal drug activity, gang-related activity, political or religious activity, or other act, occurrence, or use not adversely affecting the physical condition of or title to the property is not a material fact.
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