This form was created by the Oklahoma Real Estate Contract Form Committee and approved by the Oklahoma Real Estate Commission.
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Property Address ____________________________________________________________________________________
OREC RESIDENTIAL SALE (11-2020)
4. ACCESSORIES, EQUIPMENT AND SYSTEMS. The following items, if existing on the Property, unless otherwise
excluded, shall remain with the Property at no additional cost to Buyer:
• Attic and ceiling fan(s)
• Bathroom mirror(s)
• Other mirrors, if attached
• Central vacuum & attachments
• Floor coverings, if attached
• Key(s) to the property
• Built-in and under cabinet/counter
appliance(s)
• Free standing slide-in/drop-in kitchen
stove
• Built-in sound system(s)/speaker(s)
• Lighting & light xtures
• Fire, smoke and security system(s), if
owned
• Shelving, if attached
• Fireplace inserts, logs, grates, doors
and screens
• Free standing heating unit(s)
• Humidier(s), if attached
• Water conditioning systems, if owned
• Window treatments & coverings,
interior & exterior
• Storm windows, screens & storm doors
• Garage door opener(s) & remote
transmitting unit(s)
• Fences (includes sub-surface electric &
components)
• Mailboxes/Flag poles
• Outside cooking unit(s), if attached
• Propane tank(s) if owned
• TV antennas/satellite dish system(s)
and control(s), if owned
• Sprinkler systems & control(s)
• Swimming Pool/Spa equipment/
accessories
• Attached recreational equipment
• Exterior landscaping and lighting
• Entry gate control(s)
• Water meter, sewer/trash membership,
if owned
• All remote controls, if applicable
• Transferable Service Agreements and
Product Warranties
A. Additional Inclusions. The following items shall also remain with the Property at no additional cost to Buyer:
_______________________________________________________________________________________________
________________________________________________________________________________________________
B. Exclusions. The following items shall not remain with the Property: _____________________________________
___________________________________________________________________________________________.
5. TIME PERIODS SPECIFIED IN CONTRACT. Time periods for Investigations, Inspections and Reviews and Financing
Supplement shall commence on __________________________________________ (Time Reference Date), regardless of
the date the Contract is signed by Buyer and Seller. The day after the Time Reference Date shall be counted as day one (1). If
left blank, the Time Reference Date shall be the third day after the last date of signatures of the Parties.
6. RESIDENTIAL PROPERTY CONDITION DISCLOSURE. No representations by Seller regarding the condition of Property
or environmental hazards are expressed or implied, other than as specied in the Oklahoma Residential Property Condition
Disclosure Statement (“Disclosure Statement”) or the Oklahoma Property Condition Disclaimer Statement (“Disclaimer
Statement”), if applicable. A real estate licensee has no duty to Seller or Buyer to conduct an independent inspection of
the Property and has no duty to independently verify accuracy or completeness of any statement made by Seller in the
Disclosure Statement and any amendment or the Disclaimer Statement.
7. INVESTIGATIONS, INSPECTIONS and REVIEWS.
A. Buyer shall have ____________ days (10 days if left blank) after the Time Reference Date to complete any investigations,
inspections, and reviews. Seller shall have water, gas and electricity turned on and serving the Property for Buyer’s
inspections, and through the date of possession or Closing, whichever occurs rst. If required by ordinance, Seller, or
Seller’s Broker, if applicable, shall deliver to Buyer, in care of Buyer’s Broker, if applicable, within ve (5) days after the
Time Reference Date any written notices affecting the Property.
B. Buyer, together with persons deemed qualied by Buyer and at Buyer’s expense, shall have the right to enter upon the Property to
conduct any and all investigations, inspections, and reviews of the Property. Buyer’s right to enter upon the Property shall extend to
Oklahoma-licensed Home Inspectors and licensed architects for purposes of performing a home inspection. Buyer’s right to enter
upon the Property shall also extend to registered professional engineers, professional craftsman and/or other individuals retained by
Buyer to perform a limited or specialized investigation, inspection or review of the Property pursuant to a license or registration from
the appropriate State licensing board, commission or department. Finally, Buyer’s right to enter upon the Property shall extend to any
other person representing Buyer to conduct an investigation, inspection and/or review which is lawful but otherwise unregulated or
unlicensed under Oklahoma Law. Buyer’s investigations, inspections, and reviews may include, but not be limited to, the following:
1) Disclosure Statement or Disclaimer Statement unless exempt
2) Flood, Storm Run off Water, Storm Sewer Backup or Water History
3) Psychologically Impacted Property and Megan’s Law
4) Hazard Insurance (Property insurability)
5) Environmental Risks, including, but not limited to soil, air, water, hydrocarbon, chemical, carbon, asbestos,
mold, radon gas, lead-based paint
6) Roof, structural members, roof decking, coverings and related components
7) Home Inspection
8) Structural Inspection
9) Fixtures, Equipment and Systems Inspection. All xtures, equipment and systems relating to plumbing
(including sewer/septic system and water supply), heating, cooling, electrical, built-in appliances, swimming pool,
spa, sprinkler systems, and security systems
10) Termites and other Wood Destroying Insects Inspection