A Gresham Oregon Bargain and Sale Deed is a legal document used in real estate transactions to transfer property ownership from a seller to a buyer. This type of deed provides certain assurances to the buyer but offers fewer guarantees compared to other types of deeds. In Gresham, Oregon, there are several variations of the Bargain and Sale Deed. These include: 1. General Bargain and Sale Deed: This is the most common type of Bargain and Sale Deed used in Gresham, Oregon. It states that the seller holds the title to the property and has the right to sell it. However, it does not provide any specific warranties or guarantees regarding the property's title. 2. Specific Bargain and Sale Deed: This type of deed is used when the seller wants to include specific warranties or guarantees about the property. These could include assurances about the property's title being clear of any liens or encumbrances, or that there are no unknown easements or restrictions affecting the property. 3. Bargain and Sale Deed with Covenants Against Granter's Acts: This deed type includes additional covenants or promises made by the seller to the buyer. These covenants typically state that the seller has not done anything to diminish the title or encumber the property during their ownership. When it comes to a Gresham Oregon Bargain and Sale Deed, it is essential to carefully review the specific wording and terms outlined in the deed itself. While it does provide some level of assurance to the buyer, it is generally considered a less secure form of property transfer compared to a warranty deed. To ensure a smooth transaction, it is advisable to work with a real estate attorney or a professional title company who can guide you through the process and address any concerns or questions you might have.
Gresham Oregon Bargain and Sale Deed
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