This form is a Warranty Deed, sometimes called a Grant Deed in other jurisidictions, where the grantor is an individual and the grantees are three individuals taking the property as tenants in common. Grantor conveys and warrants the described property to the grantees. This deed complies with all state statutory laws.
Portland Oregon Warranty Deed — One Individual to Three Individuals is a legal document that transfers ownership of a property from one individual to three individuals, while providing a warranty of clear title to the property. This type of deed ensures that the granter (person transferring the property) has the legal right to sell the property and guarantees the property is free from any liens or encumbrances, unless specifically stated in the deed. In Portland, Oregon, there are different variations of Warranty Deed — One Individual to Three Individuals, mainly based on the specific circumstances of the property transfer. Some common types of Portland Oregon Warranty Deed — One Individual to Three Individuals include: 1. General Warranty Deed: This type of deed offers the highest level of protection to the new owners, as it guarantees clear title not only during the granter's ownership but also for all previous owners. It ensures that the property is free from any undisclosed defects or encumbrances. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed provides a warranty only against claims or defects that might have arisen during the granter's ownership period. This type of deed does not cover any potential issues that occurred prior to the granter's ownership. 3. Quitclaim Deed: While not a warranty deed per se, a quitclaim deed is commonly used in situations where the granter is unsure of the property's title status. It transfers the granter's ownership and interests to the three individuals without any warranties or guarantees regarding the property's title. This means that the three individuals inherit the property "as is" and assume any potential risks or encumbrances associated with it. When creating or reviewing a Portland Oregon Warranty Deed — One Individual to Three Individuals, it is important to consult with a qualified real estate attorney to ensure that all necessary legal requirements are met and to address any specific concerns related to the property transfer.Portland Oregon Warranty Deed — One Individual to Three Individuals is a legal document that transfers ownership of a property from one individual to three individuals, while providing a warranty of clear title to the property. This type of deed ensures that the granter (person transferring the property) has the legal right to sell the property and guarantees the property is free from any liens or encumbrances, unless specifically stated in the deed. In Portland, Oregon, there are different variations of Warranty Deed — One Individual to Three Individuals, mainly based on the specific circumstances of the property transfer. Some common types of Portland Oregon Warranty Deed — One Individual to Three Individuals include: 1. General Warranty Deed: This type of deed offers the highest level of protection to the new owners, as it guarantees clear title not only during the granter's ownership but also for all previous owners. It ensures that the property is free from any undisclosed defects or encumbrances. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed provides a warranty only against claims or defects that might have arisen during the granter's ownership period. This type of deed does not cover any potential issues that occurred prior to the granter's ownership. 3. Quitclaim Deed: While not a warranty deed per se, a quitclaim deed is commonly used in situations where the granter is unsure of the property's title status. It transfers the granter's ownership and interests to the three individuals without any warranties or guarantees regarding the property's title. This means that the three individuals inherit the property "as is" and assume any potential risks or encumbrances associated with it. When creating or reviewing a Portland Oregon Warranty Deed — One Individual to Three Individuals, it is important to consult with a qualified real estate attorney to ensure that all necessary legal requirements are met and to address any specific concerns related to the property transfer.
