Oregon Statutes 93.975 – URPTDA 16. Form of transfer on death deed
ORS 93.948 to 93.979 govern the effect of an instrument used to create a transfer on death deed. The following form may be used to create a transfer on death deed:
Terms Used In Oregon Statutes 93.975
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Deed: The legal instrument used to transfer title in real property from one person to another.
______________________________________________________________________________
TRANSFER ON DEATH DEED
(ORS 93.948 to 93.979)
NOTICE TO OWNER
You should carefully read all information on this form. You may want to consult a lawyer before using this form.
This form must be recorded before your death or it will not be effective.
TAX STATEMENT
Until a change is requested, the county clerk shall send tax statements to the following address: _______________
IDENTIFYING INFORMATION
Owner or Owners Making This Deed:
Printed name: _________
Mailing address: _________
Printed name: _________
Mailing address: _________
Legal description of the property:
_______________
PRIMARY BENEFICIARY
I designate the following beneficiary if the beneficiary survives me:
Printed name: _________
Mailing address, if available:
_______________
ALTERNATE BENEFICIARY
(Optional)
If my primary beneficiary does not survive me, I designate the following alternate beneficiary if that beneficiary survives me:
Printed name: _________
Mailing address, if available:
_______________
TRANSFER ON DEATH
At my death, I transfer my interest in the described property to the beneficiaries as designated above.
Before my death, I have the right to revoke this deed.
SPECIAL TERMS
(Optional)
_______________
RETURN OF DEED
After recording, the county clerk shall return the deed to: _______________
SIGNATURE OF OWNER OR OWNERS
MAKING THIS DEED
State of _________
County of _________
This instrument was acknowledged before me on ___ (date) by _________. (name(s) of person(s))
_______________
(Signature of notarial officer)
(Seal, if any)
_______________
Title (and Rank)
My commission expires: _________
______________________________________________________________________________ [2011 c.212 § 16]
See note under 93.948.