A bargain and sale deed in Oregon can be used to convey title to real property. This type of real estate deed will have the effect of conveying the entire interest in the described property at the date of the deed which the deed purports to convey. In a bargain and sale deed, the grantor and the heirs, successors, and assigns of the grantor are forever estopped from asserting that the grantor had, at the date of the deed, an estate or interest in the land less than that estate or interest that the deed purported to convey. This type of deed will pass any and all after-acquired title. A bargain and sale deed does not provide any covenants of title in the grantee and the successors of the grantee (93.860). The statutory form for a bargain and sale deed, presented in 93.860 of the Oregon Revised Statutes, is sufficient for its intended purpose, but the use of this form is not mandatory.
A bargain and sale deed must contain the original signature of the person executing the deed and the original signature of the officer before whom the acknowledgment was made (93.804). A county recorder may refuse a deed for recordation if it does not contain the necessary original signatures. A bargain and sale deed can be acknowledged before any judge of the Supreme Court, circuit judge, county judge, justice of the peace, or notary public within the state of Oregon. No seal of the grantor, corporate or otherwise, is required to be on the deed (93.410). Acknowledgments may be taken out-of-state, but must conform to Oregon laws in order to be applicable for recording. A bargain and sale deed must contain a mandatory statement, the full text of which is provided in the Oregon Revised Statutes, section 93.040.
A bargain and sale deed that has not been recorded as provided by law is void against a subsequent purchaser in good faith and for a valuable consideration of the same real property, or portion thereof, whose conveyance is first filed for record, and as against the heirs and assigns of such subsequent purchaser (93.640). Bargain and sale deeds are recorded in the county recorder's office in the county where the real property is located. If a bargain and sale deed is not recorded, it will be valid only between the parties to the deed.
Deeds.com Oregon Bargain and Sale Deed Forms Have Been Updated as Recently as Friday November 17, 2017