An Oregon warranty deed (often called “general warranty deed”) is a document drafted by a property owner to legally transfer real estate to a buyer (grantee) with a comprehensive warranty of title. This warranty assures the grantee that the conveyed property has no liens or encumbrances other than those disclosed by the owner (grantor). It also warrants that the grantor held the authority to convey property rights on the transfer date. Lastly, a warranty deed obligates the grantor to defend the title against all valid third-party claims. Therefore, if a lawful claim emerges against the grantor or any prior owner, the responsibility to settle the matter lies on the grantor alone.
- Statutes: § 93.850
- Formatting: § 205.232, § 205.234, § 205.236, § 93.040, and § 93.260
- Signing Requirements (§ 93.410): Notary Public (or other authorized official)
- Where to Record (§ 93.760): County Clerk
- Recording Fees (§ 205.320(d)): $5 per page
- Property Disclosure Statement (§ 105.465(2)): Delivered to prospective buyers to disclose the seller’s knowledge of material flaws and other issues affecting the real estate being transferred.