Warranty Deed

State:
Oregon
City:
Portland
Control #:
OR-HJ-374-01
Format:
PDF
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Description what is a statutory warranty deed

Statutory Warranty Deed

A Portland Oregon Statutory Warranty Deed is a legal document that is used to transfer ownership of real estate property within the jurisdiction of Portland, Oregon. This deed provides the highest level of protection to the buyer, as it guarantees that the seller has a clear title to the property and the right to sell it. The Portland Oregon Statutory Warranty Deed is governed by the laws of the state of Oregon and complies with the specific requirements of the Portland area. It includes specific language and disclosures mandated by the state and local regulations to ensure a valid transfer of property rights. There are different types of warranty deeds that can be used in Portland, Oregon: 1. General Warranty Deed: This is the most common type of warranty deed used in Portland. It guarantees that the seller owns the property, has the legal right to sell it, and that there are no undisclosed liens or encumbrances on the property. 2. Special Warranty Deed: This type of warranty deed guarantees that the seller has the legal right to sell the property and that there are no undisclosed liens or encumbrances, but it only covers the period of time during which the seller owned the property. It does not provide protection against title issues that existed before the seller's ownership. 3. Quitclaim Deed: While not technically a warranty deed, a quitclaim deed is commonly used in Portland and transfers any interest or claim the seller may have in the property to the buyer. However, it does not provide any guarantees or warranties regarding the title or condition of the property. When executing a Portland Oregon Statutory Warranty Deed, it is important to consult with a qualified real estate attorney or title company to ensure compliance with all legal requirements and to conduct a thorough title search. The deed must be properly executed, notarized, and filed with the appropriate county office to complete the transfer of property ownership.

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FAQ

Acknowledgments ? In addition to the signature of the grantor(s), deeds must be acknowledged to be recorded and acceptable as evidence of ownership without other proof. Each state has special acknowledgment forms. Name, Address, phone ? The names of the grantor and the grantee should appear on the deed.

The recording process Documents are recorded in the county where the property is located. When the Recorder's Office receives a document for recording, we review it for compliance with Oregon recording statutes.

An Oregon quitclaim deed form is a written instrument that conveys a property owner's current interest in Oregon real estate. When executing an Oregon quitclaim deed, the current owner?called the grantor?transfers ownership to a new owner?the grantee?with no warranty of title.

A statutory warranty deed is a legal document used to transfer real property. This form implies a guarantee about the title's history, functioning like a general warranty deed. Read more to find out how to use this type of deed. by Brette Sember, J.D.

Oregon Quitclaim Deed Laws Signing - The selling party must sign the quitclaim deed in front of a Notary Public (ORS 93.410). Recording - Once notarized, the quitclaim deed must be filed with the County Court Clerk's Office in the jurisdiction in which the property is located, along with any adjoining fees.

Laws Recording (O.R.S. § 93.760) ? The quit claim deed is filed with the Recorder's Office located within the County Court Clerk's Office (See List of County Offices).Signing (O.R.S.Statute ? O.R.S. § 93.865. Required Statement (O.R.S.

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.

Online information can be found through their two online databases, MultCoPropTax and MultCoRecords. You can also find basic property information, including ownership information, through Portland Maps . Title companies can also research the title to a piece of property. Generally, this will involve a fee.

Under Oregon's Public Records Law, ?every person? has a right to inspect any nonexempt public record of a public body in Oregon. 1 This right extends to any natural person, any corporation, partnership, firm or association, and any member or committee of the Legislative Assembly.

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.

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Step 4: Fill in the county where the property is after "County of. " Step 5: Next, write the name of the seller, labeled "grantor" in the document.Portland, County of Multnomah and State of Oregon (the "Property"). Seller Will Convey Title By: Warranty Deed. Special Warranty Deed. What types of deeds are recognized in Oregon? This department records and files permanent records of deeds, mortgages, contracts and tax liens. Portland, Oregon 97233. SN 1341 Warranty Deed in Fulfillment of Contract (OR). Oregon Statutes: ORS 696.

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Warranty Deed