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What is the difference between a warranty deed and a mortgage?

According to , a general warranty deed guarantees that: The grantor legally owns the property and has the legal right to transfer it. There are no outstanding mortgages, liens or other claims against the property by any creditor.

How do I record a deed in Oregon?

Recording (O.R.S. 93.760) A deed should be filed at the Recorders Office in the County where the property is located (See List of County Offices). Required Disclosure (O.R.S. 93.040) This Statement must be written in all deeds filed in the State of Oregon.

Where are deeds recorded in Oregon?

The recording process Documents are recorded in the county where the property is located. When the Recorders Office receives a document for recording, we review it for compliance with Oregon recording statutes.

Does a quitclaim deed need to be docHubd in Oregon?

Oregon quitclaim deed laws are codified at Oregon Revised Statutes 93.865. Signing - The selling party must sign the quitclaim deed in front of a Notary Public (ORS 93.410).

Who benefits the most from a warranty deed?

The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.

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