An Oregon bargain and sale deed transfers real estate between parties with no protection against title defects. This deed implies that the transferor (grantor) has a right to transfer ownership but offers no assurance of a clear title. As a result, the new owner (grantee) assumes responsibility for any existing liens, claims, or other encumbrances on the property.
An Oregon bargain and sale deed transfers real estate between parties with no protection against title defects. This deed implies that the transferor (grantor) has a right to transfer ownership but offers no assurance of a clear title. As a result, the new owner (grantee) assumes responsibility for any existing liens, claims, or other encumbrances on the property.
An Oregon bargain and sale deed transfers real estate between parties with no protection against title defects. This deed implies that the transferor (grantor) has a right to transfer ownership but offers no assurance of a clear title. As a result, the new owner (grantee) assumes responsibility for any existing liens, claims, or other encumbrances on the property.
Each deed submitted to the county clerk must meet specific formatting requirements[4]:
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