This form is a Special Warranty Deed where the grantors are husband and wife and the grantee is a trust. Grantors convey and specially warrant the described property to the grantee. The grantors only warrant and will defend the property only as to claims of persons claiming by, through or under grantors, but not otherwise. This deed complies with all state statutory laws.
A Bend Oregon Special Warranty Deed — Husband and Wife to Trust is a legal document used in real estate transactions to transfer property ownership from a married couple to their trust. This type of deed provides certain protections and assurances to the trust, ensuring clear title and limited liability for any potential defects in the property's history. Keywords: Bend Oregon, Special Warranty Deed, Husband and Wife, Trust, property ownership, real estate transactions, transfer, clear title, limited liability, defects, history. Different types of Bend Oregon Special Warranty Deed — Husband and Wife to Trust may include: 1. Revocable Living Trusts Deed — Husband and Wife: This type of special warranty deed allows a married couple to transfer their property into a revocable living trust, granting them control over the trust's assets during their lifetime while ensuring smooth succession and probate avoidance. 2. Irrevocable Trusts Deed — Husband and Wife: This special warranty deed variant is used when a married couple wishes to transfer their property ownership to an irrevocable trust, providing long-term asset protection and estate planning benefits. 3. Testamentary Trusts Deed — Husband and Wife: In cases where a married couple wants to create a trust that takes effect upon their death, this special warranty deed can be used to transfer the property to a testamentary trust set up in their will. 4. Qualified Personnel Residence Trusts Deed — Husband and Wife: This special warranty deed is specifically designed for married couples who wish to transfer their primary residence into a trust, typically for estate tax planning purposes while still retaining the right to live in the property for a specified period. It is crucial to consult with a qualified attorney or real estate professional to determine the most appropriate type of special warranty deed for your specific situation and to ensure compliance with Bend Oregon's legal requirements.A Bend Oregon Special Warranty Deed — Husband and Wife to Trust is a legal document used in real estate transactions to transfer property ownership from a married couple to their trust. This type of deed provides certain protections and assurances to the trust, ensuring clear title and limited liability for any potential defects in the property's history. Keywords: Bend Oregon, Special Warranty Deed, Husband and Wife, Trust, property ownership, real estate transactions, transfer, clear title, limited liability, defects, history. Different types of Bend Oregon Special Warranty Deed — Husband and Wife to Trust may include: 1. Revocable Living Trusts Deed — Husband and Wife: This type of special warranty deed allows a married couple to transfer their property into a revocable living trust, granting them control over the trust's assets during their lifetime while ensuring smooth succession and probate avoidance. 2. Irrevocable Trusts Deed — Husband and Wife: This special warranty deed variant is used when a married couple wishes to transfer their property ownership to an irrevocable trust, providing long-term asset protection and estate planning benefits. 3. Testamentary Trusts Deed — Husband and Wife: In cases where a married couple wants to create a trust that takes effect upon their death, this special warranty deed can be used to transfer the property to a testamentary trust set up in their will. 4. Qualified Personnel Residence Trusts Deed — Husband and Wife: This special warranty deed is specifically designed for married couples who wish to transfer their primary residence into a trust, typically for estate tax planning purposes while still retaining the right to live in the property for a specified period. It is crucial to consult with a qualified attorney or real estate professional to determine the most appropriate type of special warranty deed for your specific situation and to ensure compliance with Bend Oregon's legal requirements.