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What is a statutory bargain and sale deed in Oregon?

A Bargain and Sale Deed is used to dedicate private land for public use. It is most commonly used for tracts of land that contain stormwater facilities.

What is a warranty deed in Oregon?

An Oregon general warranty deed is used to convey property in Oregon from an owner to a purchaser. This type of deed includes a guarantee from the seller that he or she owns the property, has the legal authority to sell the property, and that the property is free and clear of any undisclosed claims.

What is a statutory warranty deed in Oregon?

A statutory warranty deed is a legal document used to transfer real property. This form implies a guarantee about the titles history, functioning like a general warranty deed.

What deeds are used in Oregon?

Since 1973, Oregon has recognized four statutory deed forms. The warranty deed is the most commonly used in arms-length transactions. The other deed forms are the special warranty deed, the bargain and sale deed, and the quitclaim deed.

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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