Fill and Sign the Parents to Child with Reserved Life Estate in Form

- Page 1 - Prepared by U.S. Legal Forms, Inc. Copyright 2016 - U.S. Legal Forms, Inc. STATE OF OREGON WARRANTY DEED [Parent(s) to Child with Reserved Life Estate in Parent(s)] Control Number – OR - SDEED - 2 - Page 2 - NOTE ABOUT COMPLETING THE FORMS The forms in this packet contain “form fields” created using Microsoft Word. “Form fields” facilitate completion of the forms using your computer. They do not limit you ability to print the form “in blank” and complete with a typewriter or by hand. If you do not see the gray shaded form fields, go the View menu, click on Toolbars, and then select Forms. This will open the forms toolbar. Look for the button on the forms toolbar that resembles a shaded letter “a”. Click in this button and the form fields will be visible. The forms are locked which means that the content of the forms cannot be changed. You can only fill in the information in the fields. 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If problems, please let us know. - Page 3 - DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Oregon. All Information and Forms are subject to this Disclaimer: All forms i n this package are provided without any warranty, express or implied, as to their legal effect and completeness. Please use at your own risk. If you have a serious legal problem we suggest that you consult an attorney. U.S. Legal Forms, Inc. does not provide legal advice. The products offered by U.S. Legal Forms (USLF) are not a substitute for the advice of an attorney. THESE MATERIALS ARE PROVIDED "AS IS" WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL U. S. LEGAL FORMS, INC. 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Warranty DeedPage 1 of 3 After Recording Return to: Until a change is requested, please forward all tax statements to: Tax Assessor’s Account No. WARRANTY DEED [Parent(s) to Child with Reserved Life Estate] KNOW ALL MEN BY THESE PRESENTS THAT: FOR VALUABLE CONSIDERATION OF TEN DOLLARS ($10.00), and other good and valuable consideration, cash in hand paid, the receipt and sufficiency of which is hereby acknowledged, ________________________ , an individual, married unmarried; or ________________________ and ________________________, Husband and Wife, hereinafter referred to as “Grantor”, whether one or more, does hereby grant, bargain, sell, convey, and warrant unto ________________________, hereinafter “Grantee”, the following lands and property, together with all improvements located thereon, lying in the County of __________________, State of Oregon, to-wit: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description: Street Address of Real Property: The true and actual consideration paid for this transfer, stated in terms of dollars, is $ . Warranty DeedPage 2 of 3 SUBJECT to Life Estate(s) retained by ______________________________, Grantor(s). SUBJECT to all easements, rights-of-way, protective covenants and mineral reservations of record, if any. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON TRANSFERRING FEE TITLE SHOULD INQUIRE ABOUT THE PERSON’S RIGHTS, IF ANY, UNDER ORS 195.300, 195.301 AND 195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS 2007. THIS INSTRUMENT DOES NOT ALLOW USE OF THE PROPERTY DESCRIBED IN THIS INSTRUMENT IN VIOLATION OF APPLICABLE LAND USE LAWS AND REGULATIONS. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON ACQUIRING FEE TITLE TO THE PROPERTY SHOULD CHECK WITH THE APPROPRIATE CITY OR COUNTY PLANNING DEPARTMENT TO VERIFY THAT THE UNIT OF LAND BEING TRANSFERRED IS A LAWFULLY ESTABLISHED LOT OR PARCEL, AS DEFINED IN ORS 92.010 OR 215.010, TO VERIFY THE APPROVED USES OF THE LOT OR PARCEL, TO DETERMINE ANY LIMITS ON LAWSUITS AGAINST FARMING OR FOREST PRACTICES, AS DEFINED IN ORS 30.930, AND TO INQUIRE ABOUT THE RIGHTS OF NEIGHBORING PROPERTY OWNERS, IF ANY, UNDER ORS 195.300, 195.301 AND 195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS 2007. WITNESS Grantor(s) hand(s) this the ____ day of ________________, 20____. __________________________________ Grantor Type or Print Name __________________________________ Grantor Type or Print Name State of Oregon County of __________________ BE IT REMEMBERED, That on this ______ day of ____________, 20______, before me, the undersigned, a Notary Public in and for said County and State, personally appeared the within named ______________________________, known to me to be the identical individual described in and who executed the within instrument and acknowledged to me that he/she executed the same freely and voluntarily. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal the day and year last above written. Warranty DeedPage 3 of 3 Notary Public My commission expires: Type or Print Name State of Oregon County of __________________ BE IT REMEMBERED, That on this ______ day of ____________, 20______, before me, the undersigned, a Notary Public in and for said County and State, personally appeared the within named ______________________________, known to me to be the identical individual described in and who executed the within instrument and acknowledged to me that he/she executed the same freely and voluntarily. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal the day and year last above written. Notary Public My commission expires: Type or Print Name Grantor (name, address and telephone) Second Grantor (name, address and telephone) : Grantee (name, address and telephone) : Warranty DeedExhibit A EXHIBIT A