This Quitclaim Deed from Corporation to Husband and Wife form is a Quitclaim Deed where the Grantor is a corporation and the Grantees are husband and wife. Grantor conveys and quitclaims the described property to Grantees less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all applicable state statutory laws.
A Bend Oregon Quitclaim Deed from Corporation to Husband and Wife refers to a legal document that transfers ownership of real estate property from a corporation to a married couple. This type of deed is commonly used when a corporation wants to transfer property rights to the spouses jointly without making any warranties of title. In Bend, Oregon, there are several types of Quitclaim Deeds from Corporation to Husband and Wife that may vary based on specific circumstances. Here are a few key variations: 1. Standard Bend Oregon Quitclaim Deed from Corporation to Husband and Wife: This type of deed is a straightforward transfer of property ownership from a corporation to a married couple. It contains information regarding the granting corporation, the names of the husband and wife, a legal description of the property, and the consideration paid (if any) for the transfer. It also includes a clause explicitly stating that the corporation is relinquishing any claims or warranties to the property. 2. Bend Oregon Quitclaim Deed with Right of Survivorship from Corporation to Husband and Wife: This type of deed includes an additional provision that establishes "right of survivorship." It means that if one spouse passes away, their ownership interest automatically transfers to the surviving spouse without the need for probate. This provision ensures seamless continuation of joint ownership between the surviving spouse and the corporation. 3. Bend Oregon Quitclaim Deed with Tenancy by the Entirety from Corporation to Husband and Wife: Another variation includes a provision for "tenancy by the entirety." This means that the property is owned by the husband and wife as an indivisible entity, rather than as individuals. In the event of a spouse's death, the surviving spouse automatically becomes the sole owner. Moreover, creditors cannot attach the property to satisfy individual debts, as it is considered the joint property of the marriage. The Bend Oregon Quitclaim Deed from Corporation to Husband and Wife is typically executed before a notary public and should be recorded with the appropriate county recorder's office to ensure its legality and to establish a public record of the ownership transfer. It is crucial to consult a qualified attorney or legal professional familiar with Oregon real estate laws to ensure compliance and accuracy throughout the process. By utilizing this detailed description with relevant keywords such as Bend Oregon, Quitclaim Deed, Corporation, Husband and Wife, real estate, property transfer, ownership, legal document, right of survivorship, tenancy by the entirety, and county recorder's office, readers will gain a comprehensive understanding of the specific nuances and variations involved in this type of property transfer in Bend, Oregon.
