This is a Prior instruments and Obligations form, in addition to being made subject to all conveyances, reservations, and exceptions or other instruments of record, this assignment is made and assignee accepts this assignment subject to all terms, provisions, covenants, conditions, obligations, and agreements, including but not limited to the plugging responsibility for any well, surface restoration, or preferential purchase rights, contained in any contracts existing as of the effective date of this assignment and affecting the assigned property, whether or not recorded.
Oregon Prior instruments and Obligations
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Multi-State
Control #:
US-OG-506
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Word;
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FAQ
Signing Requirements for Oregon Deeds Current Owner's Signature. 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.
When a defense, declared to be an ?affirmative defense? by chapter 743, Oregon Laws 1971, is raised at a trial, the defendant has the burden of proving the defense by a preponderance of the evidence.
You must not keep the belongings for personal use. If you fail to notify the tenant of the right to get abandoned belongings, or refuse to turn over the tenant's belongings after a proper request, the tenant may file an action to recover the belongings.
What makes a Deed good and valid? Must contain the name of the person giving (Grantor) and the person receiving (Grantee). Must state in the document that you are conveying/granting/quitclaiming the property. Must have the correct property identification ? usually the legal description or at least the property address.
While recording a deed does not affect its validity, it is extremely important to record since recordation protects the grantee.
?Residential line of credit instrument? means any line of credit instrument creating a lien on real property upon which are situated or will be constructed four or fewer residential units, one of which, at the time the credit agreement is entered into, is the borrower's residence or is intended, following construction, ...
Every conveyance, deed, land sale contract, assignment of all or any portion of a seller's or purchaser's interest in a land sale contract or other agreement or memorandum thereof affecting the title of real property within this state which is not recorded as provided by law is void as against any subsequent purchaser ...
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. If a document cannot be recorded as presented, we will return it with an explanation.
