Escrow & Title
A 'grant deed' in Oregon is most similar to a:
AQuitclaim deed
BSpecial warranty deed✓ Correct
CGeneral warranty deed
DTrustee's deed
Explanation
A grant deed (used primarily in California) contains implied warranties that the grantor has not previously conveyed the property and that the property is free from encumbrances made by the grantor. This is most similar to Oregon's special warranty deed, which warrants against defects arising only during the grantor's ownership.
People Also Study
Related Oregon Questions
- In Oregon, which form of deed conveys the grantor's interest in a property with NO warranties about the title?Property Ownership
- In Oregon, a deed of trust used as a security instrument for a real estate loan differs from a mortgage in that a deed of trust:Finance
- A 'special warranty deed' (also called a limited warranty deed) differs from a general warranty deed in that it:Escrow & Title
- In Oregon, which type of deed is typically used to convey title from the trustee to the buyer at a non-judicial foreclosure sale?Finance
- In Oregon, the county in which a real property deed must be recorded to be effective against third parties is the county where:Escrow & Title
- An Oregon city's 'Urban Renewal Area' designation is primarily used to:Land Use & Zoning
- Which of the following terms refers to the seller's guarantee in a warranty deed that they will defend the buyer's title against all claims?Contracts
- In Oregon, 'adverse possession' can be used to challenge the accuracy of a recorded deed. For an adverse possession claim to succeed, the use must satisfy which requirements?Escrow & Title
Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
Title InsuranceInsurance protecting against financial loss from defects in a property's title that existed before closing but were unknown at the time of purchase.
Deed of TrustA security instrument used in many states instead of a mortgage, involving three parties: borrower (trustor), lender (beneficiary), and a neutral trustee.
Math Concepts
Study This Topic
Practice More Oregon Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oregon Quiz →