Bend Oregon Special Warranty Deed - Fulfillment from three Individuals to one Individual.

State:
Oregon
City:
Bend
Control #:
OR-034-78
Format:
Word; 
Rich Text
Instant download

Description

This form is a Special Warranty Deed in fulfillment of real estate purchase contract where the Grantors are three individuals and the Grantee is an individual. Grantors convey and specially warrant the described property to the Grantee by specifying that any warranty shall not apply to any title, interest or encumbrance arising by, through or under the purchaser in said contract, and shall not apply to any taxes, assessments or other charges levied, assessed or becoming due subsequent to the date of said contract. This deed complies with all state statutory laws.

The Bend Oregon Special Warranty Deed — Fulfillment from three Individuals to one Individual is a legal document that transfers property ownership rights from three individuals to a single individual in Bend, Oregon. This type of deed offers a limited warranty against defects in title that may have occurred during the time the three individuals owned the property. It provides a level of protection to the new owner, ensuring that the property does not have any hidden claims or encumbrances. There are several types of Bend Oregon Special Warranty Deeds — Fulfillment from three Individuals to one Individual, including: 1. Joint Tenancy Deed — This type of deed is used when three individuals hold equal shares of ownership in the property. Upon the death of one joint tenant, their share automatically transfers to the surviving joint tenants. 2. Tenancy in Common Deed — With this type of deed, each of the three individuals holds a distinct share of ownership in the property. Unlike joint tenancy, there is no right of survivorship, meaning that each individual can freely transfer their share to another person, sell it, or leave it as part of their estate. 3. Tenants by the Entirety Deed — This type of deed is specifically designed for married couples in Bend, Oregon. It grants joint ownership with the right of survivorship, meaning that if one spouse passes away, the surviving spouse automatically becomes the sole owner of the property. When executing a Bend Oregon Special Warranty Deed — Fulfillment from three Individuals to one Individual, it is essential to include relevant information such as the legal names and addresses of all parties involved, a detailed description of the property being transferred, the consideration or purchase price, and any specific terms or conditions agreed upon by the parties. Consulting with a real estate attorney or a professional title company is highly recommended ensuring that the Bend Oregon Special Warranty Deed — Fulfillment from three Individuals to one Individual is properly drafted, executed, and recorded to protect the interests of all parties involved in the transaction.

The Bend Oregon Special Warranty Deed — Fulfillment from three Individuals to one Individual is a legal document that transfers property ownership rights from three individuals to a single individual in Bend, Oregon. This type of deed offers a limited warranty against defects in title that may have occurred during the time the three individuals owned the property. It provides a level of protection to the new owner, ensuring that the property does not have any hidden claims or encumbrances. There are several types of Bend Oregon Special Warranty Deeds — Fulfillment from three Individuals to one Individual, including: 1. Joint Tenancy Deed — This type of deed is used when three individuals hold equal shares of ownership in the property. Upon the death of one joint tenant, their share automatically transfers to the surviving joint tenants. 2. Tenancy in Common Deed — With this type of deed, each of the three individuals holds a distinct share of ownership in the property. Unlike joint tenancy, there is no right of survivorship, meaning that each individual can freely transfer their share to another person, sell it, or leave it as part of their estate. 3. Tenants by the Entirety Deed — This type of deed is specifically designed for married couples in Bend, Oregon. It grants joint ownership with the right of survivorship, meaning that if one spouse passes away, the surviving spouse automatically becomes the sole owner of the property. When executing a Bend Oregon Special Warranty Deed — Fulfillment from three Individuals to one Individual, it is essential to include relevant information such as the legal names and addresses of all parties involved, a detailed description of the property being transferred, the consideration or purchase price, and any specific terms or conditions agreed upon by the parties. Consulting with a real estate attorney or a professional title company is highly recommended ensuring that the Bend Oregon Special Warranty Deed — Fulfillment from three Individuals to one Individual is properly drafted, executed, and recorded to protect the interests of all parties involved in the transaction.

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Bend Oregon Special Warranty Deed - Fulfillment from three Individuals to one Individual.