Bend Oregon Warranty Deed from Corporation to Corporation

State:
Oregon
City:
Bend
Control #:
OR-013-78
Format:
Word; 
Rich Text
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Description

This Warranty Deed from Corporation to Corporation form is a Warranty Deed where the Grantor is a corporation and the Grantee is a corporation. Grantor conveys and warrants the described property to Grantee 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 state statutory laws.

A Bend Oregon warranty deed from corporation to corporation is a legal document that transfers ownership of real estate property from one corporation to another in Bend, Oregon. This type of deed ensures that the transferring corporation holds clear title to the property and guarantees that the property is free from any encumbrances or defects, except those specifically mentioned in the deed. The Bend Oregon warranty deed from corporation to corporation serves as a legally binding agreement between the transferor corporation (the corporation selling the property) and the transferee corporation (the corporation purchasing the property). It outlines the terms of the transfer, including the description of the property, the purchase price, and any relevant conditions or contingencies. There are a few different types of Bend Oregon warranty deed from corporation to corporation, depending on the specific situation and requirements of the parties involved: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection to the transferee corporation. It guarantees that the transferor corporation holds good and marketable title to the property, free from any prior claims, liens, or other encumbrances. The seller must defend the title against any claims that arose before the transfer. 2. Special Warranty Deed: Unlike the general warranty deed, the special warranty deed only guarantees that the transferor corporation has not caused any encumbrances or defects during their ownership of the property. It does not cover any claims or encumbrances that may have existed prior to their ownership. 3. Quitclaim Deed: This type of deed provides the least amount of protection to the transferee corporation. It simply transfers the interest or claim that the transferor corporation has in the property, without making any warranties or guarantees about the title. This type of deed is usually used when the parties involved have a high level of trust or when the property's ownership is already well-established. When dealing with a Bend Oregon warranty deed from corporation to corporation, it is advisable to seek legal counsel to ensure the proper drafting and execution of the deed and to conduct a thorough title search to identify any potential issues or encumbrances on the property. By using the appropriate type of warranty deed, both the transferor and transferee corporations can protect their interests and ensure a smooth transfer of property ownership in Bend, Oregon.

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FAQ

An Oregon deed is a legally binding form used to transfer interests in real estate from one person to another. The seller of the property is typically referred to as the grantor and the buyer of the property is typically referred to as the grantee.

Since 1973, Oregon has recognized four statutory deed forms. The warranty deed is the most commonly used in arm's-length transactions. The other deed forms are the special warranty deed, the bargain and sale deed, and the quitclaim 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.

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.

General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantor's ownership and a legal right to sell.

The three most common types of deeds are: Grant Deeds. Quitclaim Deed. Warranty Deed.

Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.

Yes you can. This is called a transfer of equity but you will need the permission of your lender.

An owner who wants to add a co-owner to his property, will have to do so by way of creating a new deed altogether. This new deed must also be registered at the sub-registrar's office, to attain a legal validity under the Transfer of Property Act.

If you wish to obtain a copy of a historical document, please contact our office for assistance at 541-774-6152. Please note that the Clerk's office does not perform title searches. Any research of historical documents may require a visit to the Recording Office in person to conduct your search.

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Bend Oregon Warranty Deed from Corporation to Corporation