Oregon Quitclaim Deed for Mineral / Royalty Interest
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How to fill out Quitclaim Deed For Mineral / Royalty Interest?
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FAQ
Most counties charge a flat fee of between $95.00 and $110.00, plus an additional $5.00 for each page of the deed. A clerk may charge a $20.00 penalty fee if the clerk accepts for filing a deed that does not comply with Oregon's formatting requirements or omits necessary information from the deed's first page.
Removing a name from your mortgage: Can it be done without refinancing? Yes, it is possible to take sole responsibility for a home that you're currently sharing without refinancing, even if your ex-spouse or another co-borrower or cosigner is currently on the mortgage.
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). There is a fee that is associated with the recording with every jurisdiction being different.
Laws. Recording ? The quit claim deed will need to be brought to the Clerk of the Chancery Clerk's Office along with the required filing fee. Signing (§ 89-3-7) ? An official seal from a notary public is required to be shown under the Grantor(s) signature(s).
Quitclaim Deeds. An Oregon quitclaim deed form transfers whatever interest the current owner holds as of the date of the deed, if any, with no warranty of title. The person signing a quitclaim deed quitclaims the real estate to the new owner, and the new owner bears the risk of title defects.
In other words, if your name is on the deed, you are tenants-by-the-entireties, and if one of you dies, the other owns the property entirely. If you are not on the mortgage for whatever reason, you are not liable for paying the mortgage loan. That said, you get your spouse's interest in the property if they die.
An Oregon quitclaim deed form is a legal document that transfers rights or interest in a real estate property from one person (grantor) to another (grantee). This type of property transfer doesn't guarantee the ownership or clarity of the title. So, do your due diligence to ensure you'll get a defect-free title.
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.
