Portland Oregon Quitclaim Deed from Husband to Himself and Wife

State:
Oregon
City:
Portland
Control #:
OR-016-78
Format:
Word; 
Rich Text
Instant download

Description

This Quitclaim Deed from Husband to Himself and Wife form is a Quitclaim Deed where the Grantor is the husband and the Grantees are the husband and his wife. Grantors convey and quitclaim the described property to Grantees less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors. This deed complies with all state statutory laws.

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FAQ

The General Warranty Deed: On the opposite side of the spectrum from the quitclaim deed is the general warranty deed. The grantor of a general warranty deed makes five specific guarantees by the granting of the general warranty deed.

No guarantees to the new owner: Unlike a warranty deed, a quitclaim deed does not guarantee that a property is free from title defects such as tax liens or title claims from third parties. For this reason, it is a poor legal instrument to use when selling a piece of property for cash considerations.

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).

Which of the following is not required for a deed to be valid? Signature of the grantee.

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.

How to Write an Oregon Quitclaim Deed Preparer's name and address. Full name and mailing address of the person to whom the recorded deed should be sent. County where the real property is located. Grantor's name and address. Grantee's name and address. The consideration paid for the property.

Definition of Quitclaim Deed? A deed by which the grantor releases any interest he may have in real property. The deed makes no representation as to ownership or warranty.

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.

In which of the following situations could a quitclaim deed NOT be used? c. The answer is to warrant that a title is valid.

Interesting Questions

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Portland Oregon Quitclaim Deed from Husband to Himself and Wife