Edit Legal Oregon Contract For Deed Forms For Free

The following should be in a contract for deed: Purchase price. Interest rate. Down payment. Number of monthly installments. Buyer and seller information. Party responsibilities. Legal remedies in the event of default.

To transfer ownership of the real property to another, the current owner must execute a new deed and record it with the County Recorder's office. There are many different types of deeds, all of which convey different legal rights.

To transfer real property into your Trust, a new deed reflecting the name of the Trust must be executed, notarized and recorded with the County Recorder in the County where the property is located. Care must be taken that the exact legal description in the existing deed appears on the new deed.

An Oregon deed must be signed by the current owner transferring real estate?the grantor?or a lawful agent or attorney signing for the grantor. Notarization. The current owner's signature must be acknowledged before a notary or other authorized officer.

When you come across a bargain and sale deed, it means that the party selling the property is the sole owner of the property and therefore has the right to sell it to you. This is in contrast to other types of deeds when the seller may only have partial title to the property.

Quitclaim Deeds. An Oregon quitclaim deed form transfers whatever interest the current owner holds as of the date of the deed, if any, with no warranty of title. The person signing a quitclaim deed quitclaims the real estate to the new owner, and the new owner bears the risk of title defects.