Oregon Statutory Quitclaim Deed
Overview of this form
The Statutory Quitclaim Deed is a legal document used in property transactions that facilitates the transfer of real property between parties. Unlike a warranty deed, it does not guarantee the grantor's ownership or provide any warranties against claims on the property. This form is particularly useful when transferring property between individuals, such as family members, or in situations where the ownership history is clear.
Main sections of this form
- Grantor and Grantee information: Names of the individuals transferring and receiving the property.
- Property description: Specific details about the real property being transferred.
- Date of transfer: The date when the transaction occurs.
- Acknowledgment section: To be completed by a notary public for validation.
- Consideration amount: Typically listed as $0.00 when correcting title only.
When to use this document
You should use the Statutory Quitclaim Deed when you need to transfer property rights without providing any guarantees about the propertyâs status. Common scenarios include transferring property to a family member, correcting clerical errors in property titles, or relinquishing interest in a property without the intent to warrant ownership.
Who this form is for
- Individuals transferring property ownership among family or friends.
- Grantors who want to give up their claim to a property.
- Persons involved in the settlement of an estate or resolving property disputes.
How to complete this form
- Identify the grantor and grantee by entering their full names.
- Describe the property being transferred with its legal description.
- Enter the date of the transaction clearly.
- Have both parties sign the deed in the designated signature lines.
- Obtain a notary publicâs acknowledgment to validate the document.
Notarization requirements for this form
To make this form legally binding, it must be notarized. Our online notarization service, powered by Notarize, lets you verify and sign documents remotely through an encrypted video session.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Typical mistakes to avoid
- Failing to accurately describe the property can lead to disputes.
- Not obtaining the required notary acknowledgment.
- Leaving the consideration amount blank, as it should reflect the transfer intent.
Benefits of completing this form online
- Easy download and access, eliminating the need for physical paperwork.
- Editability allows users to customize the form to suit their specific needs.
- Drafted by licensed attorneys, ensuring that the document meets legal requirements.
- Quick retrieval of forms saves time compared to traditional legal services.
Quick recap
- The Statutory Quitclaim Deed is a simple form for transferring property without warranties.
- It is crucial to include accurate property descriptions and obtain notarization.
- This form is commonly used in family transactions and property ownership corrections.
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FAQ
A warranty deed conveys an interest in real property to the named grantee with full warranties of title. Warranty deeds are statutory in Oregon under ORS 93.850, and they convey real property in fee simple with the most assurance of title.Generally, real property is owned in either sole ownership or in co-ownership.
Fill out the quit claim deed form, which can be obtained online, or write your own using the form as a guide. The person giving up the interest in the property is the grantor, and the person receiving the interest is the grantee.
Quitclaim deeds are most often used to transfer property between family members. Examples include when an owner gets married and wants to add a spouse's name to the title or deed, or when the owners get divorced and one spouse's name is removed from the title or deed.
The drawback, quite simply, is that quitclaim deeds offer the grantee/recipient no protection or guarantees whatsoever about the property or their ownership of it. Maybe the grantor did not own the property at all, or maybe they only had partial ownership.
Quitclaim deeds are most often used to transfer property between family members.Examples include when an owner gets married and wants to add a spouse's name to the title or deed, or when the owners divorce and one spouse's name is removed from the title or deed.
Quitclaim deeds (sometimes erroneously called "quit claim deeds" or "quick claim deeds") are legally binding documents that do not require a lawyer's time to fill out and file.
But you might be wondering if an owner can transfer a deed to another person without a real estate lawyer. The answer is yes. Parties to a transaction are always free to prepare their own deeds.A quitclaim deed, for example, is far simpler than a warranty deed.
They are commonly used to add/remove someone to/from real estate title or deed (divorce, name changes, family and trust transfers). The quitclaim deed is a legal document (deed) used to transfer interest in real estate from one person or entity (grantor) to another (grantee).
A Quitclaim Deed must be notarized by a notary public or attorney in order to be valid.Consideration in a Quitclaim Deed is what the Grantee will pay to the Grantor for the interest in the property.
