Oregon Bargain and Sale Deed

If you are selling a real estate property in Oregon, you can assist the buyer by carrying part or all of the purchase price with this Contract for Deed.

• A contract for deed (or purchase money mortgage) allows a buyer to pay over time, with the seller carrying the balance until the last payment is made.
• Title will transfer to the buyer once payment in full of all principal and interest has been received by the seller.
• The seller has the right to take back the property if the buyer defaults in payment.
• At the seller's option, the balance can be repaid by monthly payments with or without interest until paid, or monthly payments with interest for a fixed number of payments with a balloon payment at the end to pay out the balance.
• Available in MS Word format.
• Intended to be used only in the State of Oregon.

Transfer title of an Oregon real estate property from a seller to a trustee with this Oregon Deed of Trust form.

• A Deed of Trust is often used instead of a mortgage for purchasing real property except for agricultural farm land.
• Under the Deed of Trust, title is conveyed by the seller to a trustee instead of to the purchaser. The trustee holds the title as security to ensure the purchaser's performance of its obligations (including payment of the purchase price, maintenance and upkeep of the property, payment of taxes, etc).
• If the borrower defaults in payment, the balance becomes due and payable and the trustee may sell the property.
• The Deed of Trust contains uniform covenants regarding payments, funds for taxes and insurance, prior mortgages, hazard insurance, occupancy as principal residence, care and maintenance of the property, protection of the lender's security, and other standard clauses.
• Attorney's fees payable by a party under the Trust Deed shall include those awarded by an appellate court.
• The Deed secures any advances made by the lender to protect its interest in the property and rights under the Deed.

Transfer your interest in a real estate property in Oregon with this easy-to-use Quitclaim Deed.

This document provides an easy-to-use method for transferring your ownership interest in a real estate property located in Oregon. By utilizing the Oregon Quitclaim Deed form, you can efficiently manage the transfer process without unnecessary complications.

What Is a Quitclaim Deed?

A Quitclaim Deed is a legal instrument through which the transferor conveys their ownership of a property to the transferee. Importantly, the transferor does not offer any warranties regarding the property’s title, condition, or any other aspect. The Quitclaim Deed simply transfers whatever interest the transferor holds at the time of execution.

Common Uses

This type of deed is frequently used in situations where a straightforward transfer of ownership is needed, such as removing one spouse’s name from the title following divorce proceedings. It is particularly useful when the parties do not require extensive guarantees.

Form Features

The Oregon Quitclaim Deed form is available in Microsoft Word format. It can be easily downloaded, filled in with the required information, and printed for use, making the process simple and convenient for users.

Jurisdiction

This Quitclaim Deed should only be used in the State of Oregon.

Transfer title to a real estate property in Oregon from a seller to a buyer with this easy-to-use Oregon Warranty Deed form.

• it has good and marketable title to the property,
• it has the legal right and authority to transfer the title to the buyer, and
• it will forever defend the right of the buyer (the grantee) to possess the property.