This form is a Warranty Deed, sometimes called a Grant Deed in other jurisidictions, where the grantor is an individual and the grantees are three individuals taking the property as tenants in common. Grantor conveys and warrants the described property to the grantees. This deed complies with all state statutory laws.
A Gresham Oregon Warranty Deed — One Individual to Three Individuals is a legal document that transfers ownership of real property from one person to three individuals. This type of warranty deed ensures that the property being transferred is free from any liens or encumbrances, and the granter (the person selling the property) guarantees that they have the lawful right to sell it. Keywords: Gresham Oregon, warranty deed, real property, ownership transfer, liens, encumbrances, granter, lawful right, sell. There are different variations of Gresham Oregon Warranty Deed — One Individual to Three Individuals that cater to specific circumstances. Some commonly known types include: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection for the buyer. The granter guarantees that the property is free from any defects in title, even if they predate the granter's ownership. 2. Special Warranty Deed: This warranty deed only provides protection for the buyer against defects in title that occurred during the granter's ownership. It does not cover any potential issues that may have existed prior to the granter's ownership. 3. Quitclaim Deed: Unlike warranty deeds, a quitclaim deed does not offer any guarantees or warranties. It simply transfers whatever interest the granter has in the property, if any, to the three individuals. It is commonly used in situations where the parties involved have a pre-existing relationship or when there is a need for a quick and informal transfer. 4. Bargain and Sale Deed: This type of deed does not provide any warranties or guarantees but implies that the granter has legal ownership and the authority to sell the property. It is often used in foreclosure or tax deed sales. 5. Executor's Deed: When the granter is the executor of a deceased person's estate, an executor's deed is used to transfer the property to the three individuals. This deed provides assurance that the transfer is authorized and valid. 6. Trustee's Deed: If the property is held in a trust, a trustee's deed is used to transfer the property to the three individuals. This deed certifies that the transfer was made in accordance with the terms of the trust. In conclusion, a Gresham Oregon Warranty Deed — One Individual to Three Individuals is a legal document used to transfer ownership of real property while providing assurance and protection against any potential title defects. Understanding the different types of warranty deeds can help individuals choose the most suitable option for their specific circumstances.A Gresham Oregon Warranty Deed — One Individual to Three Individuals is a legal document that transfers ownership of real property from one person to three individuals. This type of warranty deed ensures that the property being transferred is free from any liens or encumbrances, and the granter (the person selling the property) guarantees that they have the lawful right to sell it. Keywords: Gresham Oregon, warranty deed, real property, ownership transfer, liens, encumbrances, granter, lawful right, sell. There are different variations of Gresham Oregon Warranty Deed — One Individual to Three Individuals that cater to specific circumstances. Some commonly known types include: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection for the buyer. The granter guarantees that the property is free from any defects in title, even if they predate the granter's ownership. 2. Special Warranty Deed: This warranty deed only provides protection for the buyer against defects in title that occurred during the granter's ownership. It does not cover any potential issues that may have existed prior to the granter's ownership. 3. Quitclaim Deed: Unlike warranty deeds, a quitclaim deed does not offer any guarantees or warranties. It simply transfers whatever interest the granter has in the property, if any, to the three individuals. It is commonly used in situations where the parties involved have a pre-existing relationship or when there is a need for a quick and informal transfer. 4. Bargain and Sale Deed: This type of deed does not provide any warranties or guarantees but implies that the granter has legal ownership and the authority to sell the property. It is often used in foreclosure or tax deed sales. 5. Executor's Deed: When the granter is the executor of a deceased person's estate, an executor's deed is used to transfer the property to the three individuals. This deed provides assurance that the transfer is authorized and valid. 6. Trustee's Deed: If the property is held in a trust, a trustee's deed is used to transfer the property to the three individuals. This deed certifies that the transfer was made in accordance with the terms of the trust. In conclusion, a Gresham Oregon Warranty Deed — One Individual to Three Individuals is a legal document used to transfer ownership of real property while providing assurance and protection against any potential title defects. Understanding the different types of warranty deeds can help individuals choose the most suitable option for their specific circumstances.
