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TRANSFER ON DEATH DEED

(Oregon – ORS 93.948 to 93.979)

This Transfer on Death Deed (“Deed”) is made on [DATE] by [OWNER FULL LEGAL NAME] (“Owner”), whose address is [OWNER ADDRESS].

[// GUIDANCE: Oregon provides an optional statutory form (ORS 93.975). Ensure the deed contains language indicating the transfer occurs at death and is recorded before death.]


1. PROPERTY

Owner transfers on death the following real property located in [COUNTY] County, Oregon:

Property Address: [PROPERTY ADDRESS]

Legal Description:
[LEGAL DESCRIPTION]

Tax Lot/Map No.: [TAX LOT/MAP NUMBER]


2. BENEFICIARY DESIGNATION

Owner designates the following beneficiary(ies) to receive the Property upon Owner’s death:

2.1 Primary Beneficiary(ies)

  1. [BENEFICIARY NAME], Address: [ADDRESS], Relationship: [RELATIONSHIP], Percentage: [PERCENTAGE]
  2. [BENEFICIARY NAME], Address: [ADDRESS], Relationship: [RELATIONSHIP], Percentage: [PERCENTAGE]

2.2 Co-Ownership (if more than one beneficiary)

☐ Tenants in common (default)
☐ Joint tenants with right of survivorship

2.3 Alternate Beneficiary(ies)

If a primary beneficiary does not survive Owner, the Property passes to:

  1. [ALTERNATE BENEFICIARY NAME], Address: [ADDRESS], Relationship: [RELATIONSHIP], Percentage: [PERCENTAGE]

3. EFFECTIVE ON DEATH

The transfer is effective only on Owner’s death. No present interest is conveyed during Owner’s lifetime.


4. OWNER RIGHTS

Owner retains full ownership and control of the Property during Owner’s lifetime, including the right to sell, mortgage, lease, or revoke this Deed.


5. REVOCATION

This Deed may be revoked only by a recorded revocation or later recorded transfer on death deed that expressly revokes this Deed.


6. ENCUMBRANCES

The transfer is subject to all recorded liens, easements, and restrictions in effect at Owner’s death.


7. SIMULTANEOUS DEATH

If a beneficiary does not survive Owner by [NUMBER] days, that beneficiary is deemed to have predeceased Owner for purposes of this Deed.


8. RECORDING

This Deed must be recorded in the office of the County Recorder for the county where the Property is located before Owner’s death.


9. SIGNATURES

Owner Signature: ________________________________ Date: ____________

Printed Name: [OWNER FULL LEGAL NAME]


10. NOTARY ACKNOWLEDGMENT

State of Oregon )
County of [COUNTY] )

On this ___ day of ____________, 20__, before me, the undersigned notary public, personally appeared [OWNER FULL LEGAL NAME], who acknowledged execution of this instrument.

Notary Public: ________________________________

My Commission Expires: _________________________

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TRANSFER ON DEATH DEED

STATE OF OREGON


Effective Date: [DATE]
Party A: [PARTY A NAME]
Address: [PARTY A ADDRESS]
Party B: [PARTY B NAME]
Address: [PARTY B ADDRESS]
Governing Law: [GOVERNING STATE]

This document is entered into by and between [PARTY A NAME] and [PARTY B NAME], effective as of the date set forth above, subject to the terms and conditions outlined herein and the laws of [GOVERNING STATE].
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