Warranty Deed from Corporation to Husband and Wife Oregon Form

What is the Warranty Deed From Corporation To Husband And Wife Oregon

A warranty deed from a corporation to a husband and wife in Oregon is a legal document that transfers ownership of real property from a corporate entity to a married couple. This type of deed guarantees that the corporation holds clear title to the property and has the authority to transfer it. The warranty deed ensures that the couple will receive full ownership rights without any claims or encumbrances against the property, except those explicitly stated in the deed. It is essential for establishing legal ownership and protecting the interests of the new owners.

Key elements of the Warranty Deed From Corporation To Husband And Wife Oregon

Several critical elements must be included in a warranty deed from a corporation to a husband and wife in Oregon to ensure its validity:

• Grantor and Grantee Information: The names and addresses of the corporation (grantor) and the husband and wife (grantees) must be clearly stated.
• Property Description: A detailed legal description of the property being transferred is necessary, including its address and any relevant parcel numbers.
• Consideration: The deed should specify the consideration, or payment, made for the property, even if it is nominal.
• Signature and Notarization: The deed must be signed by an authorized representative of the corporation and notarized to confirm its authenticity.
• Recording Information: The deed should include information regarding where it will be recorded in the county where the property is located.

Steps to complete the Warranty Deed From Corporation To Husband And Wife Oregon

Completing a warranty deed from a corporation to a husband and wife in Oregon involves several important steps:

1. Gather necessary information, including the legal description of the property and the names of the grantor and grantees.
2. Draft the warranty deed, ensuring all required elements are included.
3. Have the authorized representative of the corporation sign the deed in the presence of a notary public.
4. File the completed warranty deed with the appropriate county recorder's office to make the transfer official.
5. Keep a copy of the recorded deed for personal records.

Legal use of the Warranty Deed From Corporation To Husband And Wife Oregon

The legal use of a warranty deed from a corporation to a husband and wife in Oregon is primarily to transfer ownership of real property while providing the grantees with full legal rights. This deed protects the couple against any future claims on the property, as it includes warranties from the grantor regarding the title. It is commonly used in real estate transactions to ensure that the new owners have a secure and undisputed claim to the property.

State-specific rules for the Warranty Deed From Corporation To Husband And Wife Oregon

In Oregon, specific rules govern the execution and recording of warranty deeds. These include:

• The deed must be signed by an authorized representative of the corporation.
• Notarization is required to validate the signatures on the deed.
• The legal description of the property must be precise and comply with state standards.
• Filing the deed with the county recorder is necessary to complete the transfer and provide public notice.