Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife

State:
Oregon
City:
Gresham
Control #:
OR-010-77
Format:
Word; 
Rich Text
Instant download

Description

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.


Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife: A Comprehensive Overview A Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife refers to a legal document that transfers the ownership or interest of a property from a corporation to a married couple in Gresham, Oregon. This type of transfer allows a corporation to transfer its rights, title, or interest in a property to a husband and wife without making any warranties or guarantees about the property's condition, liens, or encumbrances. Types of Gresham Oregon Quitclaim Deeds from Corporation to Husband and Wife: 1. Standard Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife: This refers to the typical agreement where a corporation transfers its real estate ownership to a married couple using a quitclaim deed. The corporation relinquishes any claim or interest it may have in the property, while the husband and wife become the new legal owners. 2. Divorce-Related Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife: In cases where a corporation and a married couple are undergoing divorce proceedings, this type of quitclaim deed is utilized to transfer the corporation's interest in the property to one spouse. This ensures that the property is solely owned by one of the former spouses after the divorce is finalized. 3. Estate Planning Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife: This type of quitclaim deed is commonly employed for estate planning purposes. A corporation may transfer its real estate assets to a married couple to facilitate the smooth transfer of ownership after the death of one or both spouses. This allows for an efficient and well-organized estate distribution process. 4. Tax Planning Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife: Sometimes, a corporation may choose to transfer a property's ownership to a husband and wife as a tax planning strategy. By doing so, the corporation can potentially benefit from certain exemptions or reductions in property taxes or other tax incentives available to individuals. In summary, a Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife is a legal document used to transfer ownership from a corporation to a married couple in Gresham, Oregon. Different types of quitclaim deeds may exist, including standard transfers, divorce-related transfers, estate planning transfers, and tax planning transfers. The specific type of quitclaim deed used depends on the circumstances and objectives of the parties involved.

Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife: A Comprehensive Overview A Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife refers to a legal document that transfers the ownership or interest of a property from a corporation to a married couple in Gresham, Oregon. This type of transfer allows a corporation to transfer its rights, title, or interest in a property to a husband and wife without making any warranties or guarantees about the property's condition, liens, or encumbrances. Types of Gresham Oregon Quitclaim Deeds from Corporation to Husband and Wife: 1. Standard Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife: This refers to the typical agreement where a corporation transfers its real estate ownership to a married couple using a quitclaim deed. The corporation relinquishes any claim or interest it may have in the property, while the husband and wife become the new legal owners. 2. Divorce-Related Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife: In cases where a corporation and a married couple are undergoing divorce proceedings, this type of quitclaim deed is utilized to transfer the corporation's interest in the property to one spouse. This ensures that the property is solely owned by one of the former spouses after the divorce is finalized. 3. Estate Planning Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife: This type of quitclaim deed is commonly employed for estate planning purposes. A corporation may transfer its real estate assets to a married couple to facilitate the smooth transfer of ownership after the death of one or both spouses. This allows for an efficient and well-organized estate distribution process. 4. Tax Planning Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife: Sometimes, a corporation may choose to transfer a property's ownership to a husband and wife as a tax planning strategy. By doing so, the corporation can potentially benefit from certain exemptions or reductions in property taxes or other tax incentives available to individuals. In summary, a Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife is a legal document used to transfer ownership from a corporation to a married couple in Gresham, Oregon. Different types of quitclaim deeds may exist, including standard transfers, divorce-related transfers, estate planning transfers, and tax planning transfers. The specific type of quitclaim deed used depends on the circumstances and objectives of the parties involved.

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FAQ

Acknowledgments ? In addition to the signature of the grantor(s), deeds must be acknowledged to be recorded and acceptable as evidence of ownership without other proof. Each state has special acknowledgment forms. Name, Address, phone ? The names of the grantor and the grantee should appear on the deed.

Laws. Recording (O.R.S. § 93.760) ? The quit claim deed is filed with the Recorder's Office located within the County Court Clerk's Office (See List of County Offices).

Oregon Quitclaim Deed Laws Signing - The selling party must sign the quitclaim deed in front of a Notary Public (ORS 93.410). Recording - Once notarized, the quitclaim deed must be filed with the County Court Clerk's Office in the jurisdiction in which the property is located, along with any adjoining fees.

An Oregon quitclaim deed form is a written instrument that conveys a property owner's current interest in Oregon real estate. When executing an Oregon quitclaim deed, the current owner?called the grantor?transfers ownership to a new owner?the grantee?with no warranty of title.

Recording (O.R.S. § 93.760) ? A deed should be filed at the Recorder's Office in the County where the property is located (See List of County Offices). Required Disclosure (O.R.S. § 93.040) ? This Statement must be written in all deeds filed in the State of Oregon.

Oregon quitclaim deed laws are codified at Oregon Revised Statutes 93.865. Signing - The selling party must sign the quitclaim deed in front of a Notary Public (ORS 93.410).

Oregon courts favor the term quitclaim deed, and release deed is relatively uncommon in Oregon. In states where title insurance companies are wary of quitclaim deeds, a property owner can use a no warranty deed or deed without warranty to serve the same practical function as a quitclaim deed.

Execution Requirements for Oregon Deeds 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.

You will need to have the quitclaim deed notarized with the signatures of you and your spouse. Once this is done, the quitclaim deed replaces your former deed and the property officially is in both of your names. You must record the deed at your county office.

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Gresham Oregon Quitclaim Deed from Corporation to Husband and Wife