Property Ownership

In Oregon, when does a deed become legally effective to transfer title?

AWhen the grantor signs it
BWhen the deed is delivered to and accepted by the grantee✓ Correct
CWhen the deed is recorded with the county
DWhen the purchase price is paid in full

Explanation

In Oregon, a deed becomes legally effective to transfer title when it is delivered to and accepted by the grantee. Delivery can be actual (physical handover) or constructive (placing in escrow with instructions to release at closing). Recording creates constructive notice to third parties but is not required for the deed to be valid between grantor and grantee.

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