Oregon Oil, Gas and Mineral Deed - Individual to Two Individuals

State:
Multi-State
Control #:
US-00576-A
Format:
Word; 
Rich Text
Instant download

Description

Grantor conveys, with limited warranty, unto the grantees all of grantor's mineral interest, including but not limited to oil, gas, carbon dioxide, and all other minerals in, on and under certain property described in the document.
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FAQ

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 (grantor) transfers ownership to a new owner (grantee) with no warranty of title.

A statutory warranty deed is a short-form deed that includes the promises of a long-form general warranty deed. It guarantees the grantor holds and is transferring full and legal title to the property. Using either a statutory or general warranty deed provides the most protection to the buyer of the property.

In a quitclaim deed, the rights of one party pass to another party, called the grantor and grantee, respectively. As a spouse, you give up your interest in the property when you sign a quitclaim deed. This means that you no longer have a legal right to it.

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.

Quitclaim deeds are commonly used to release interests in or claims to property. A statutory quitclaim deed ?releases and quitclaims? a grantor's property interest to grantee, but does not imply that the grantor has any interest at all. Quitclaim deeds do not operate as an estoppel on the grantor.

How do I add my spouse to my house title in Oregon? You will need to have the quitclaim deed docHubd with the signatures of you and your spouse. Once this is done, the quitclaim deed replaces your former deed and the property officially is in both of your names. You must record the deed at your county office.

How do I remove someone from a deed in Oregon? The only way to forcibly change the ownership status is through a legal action and the resultant court order. However, if an owner chooses to be removed from the deed, it is simply a matter of preparing a new deed transferring that owners interest in the property.

What does a quitclaim deed do? A quitclaim deed transfers the title of a property from one person to another, with little to no buyer protection. The grantor, the person giving away the property, gives their current deed to the grantee, the person receiving the property.

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Oregon Oil, Gas and Mineral Deed - Individual to Two Individuals