94.829; and ����� (D) A manufactured dwelling, as defined in ORS 446.003, that is owned by the same person who owns the land upon which the manufactured dwelling is situated. ����� (b) Do not apply

94.829; and

����� (D) A manufactured dwelling, as defined in ORS 446.003, that is owned by the same person who owns the land upon which the manufactured dwelling is situated.

����� (b) Do not apply to a leasehold in real property.

����� (2) Except as provided in ORS 105.475 (4), a seller shall complete, sign and deliver a seller�s property disclosure statement as set forth in ORS 105.464 to each buyer who makes a written offer to purchase real property in this state. [1993 c.547 �1; 1997 c.816 �15; 1999 c.307 �24; 1999 c.677 �65; 2001 c.300 �74; 2003 c.328 �1]

����� 105.470 Exclusions from ORS 105.462 to 105.490, 696.301 and 696.870. ORS 105.462 to 105.490, 696.301 and 696.870 do not apply to:

����� (1) The first sale of a dwelling never occupied, provided that the seller provides the buyer with the following statement on or before the date the buyer is legally obligated to purchase the subject real property: �THIS HOME WAS CONSTRUCTED OR INSTALLED UNDER BUILDING OR INSTALLATION PERMIT(S) #___, ISSUED BY _____.�

����� (2) Sales by financial institutions that acquired the property as custodian, agent or trustee, or by foreclosure or deed in lieu of foreclosure.

����� (3) The following sellers, if appointed by a court:

����� (a) Receivers;

����� (b) Personal representatives;

����� (c) Trustees;

����� (d) Conservators; or

����� (e) Guardians.

����� (4) Sales or transfers by governmental agencies. [1993 c.547 �7; 1995 c.198 �1; 2003 c.328 �5]

����� 105.475 Buyer�s statement of revocation of offer; criteria. (1) If a seller issues a seller�s property disclosure statement and a buyer has not then delivered to the seller a written statement waiving the buyer�s right to revoke the buyer�s offer, the buyer shall have five business days after delivery of the seller�s property disclosure statement to revoke the buyer�s offer by delivering to the seller a separate signed written statement of revocation disapproving the seller�s disclosure.

����� (2) If a buyer fails to timely deliver to a seller a written statement revoking the buyer�s offer, the buyer�s right to revoke the buyer�s offer expires.

����� (3) If a buyer closes the transaction, the buyer�s right to revoke based on ORS 105.462 to