Oregon Warranty Deed for Surface and Mineral Interests
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How to fill out Warranty Deed For Surface And Mineral Interests?
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FAQ
What is an Oregon Special Warranty Deed Form? An Oregon special warranty deed form is a document that transfers ownership of Oregon real estate from the current owner (the grantor) to a new owner (the grantee) with limited warranty of title.
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.
A bargain and sale deed is a type of property deed that does not guarantee against liens or other claims to the property. The buyer of a property with this type of deed could be responsible for any title issues that arise. These deeds are most commonly used in foreclosure or tax sales.
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 ...
An Oregon special warranty deed is a legal document transferring an interest in a property from an owner to another person. This is a warranty deed, but the warranty is limited to the time frame involving seller's ownership of the property.
In Oregon, a lawful warranty deed includes the grantor's full name, mailing address, and marital status; the true consideration paid for the transfer (ORS 93.030); and the grantee's full name, mailing address, marital status, and vesting.
The main difference between a grant deed vs. warranty deed is the level of protection offered. A warranty deed offers a higher level of protection than a grant deed. With a grant deed, the grantor is guaranteeing that they haven't sold the property to anyone else, and that it is clear of any liens or restrictions.