Oregon Quitclaim Deed

I. Parties

This document is identified as a Quitclaim Deed for the state of Oregon, executed fully and effectively on the day noted as [Day] of the month of [Month] in the year [Year]. The parties involved in this agreement include the individual named [Grantor's Name], residing at [Grantor's Address], herein and henceforth referred to as the "Grantor," and the individual named [Grantee's Name], who resides at [Grantee's Address], herein and henceforth referred to as the "Grantee."

II. Property Description

The property, officially recorded in the documents of [County] County, is identified as Lot 1, Block A of the Example Subdivision, located in the City of [City], [County] County, State of Oregon. This property is generally known by its address, 1234 Main Street, [City], Oregon, [ZIP Code], and carries the Assessor’s Parcel Number (APN) 123-456-789. It comprises a one-story, single-family home on roughly 0.25 acres of land.

III. Grant of Property

By the act of executing this document, the Grantor does hereby explicitly convey, transfer, and quitclaim to the Grantee all of the rights, titles, and interests that the Grantor currently holds and possesses in and to the property, which is specifically described in Section I of this Deed.

IV. Consideration

In consideration of the conveyance of the property described in this quitclaim deed, the Grantee has provided the Grantor with financial compensation amounting to the total sum of $150,000. The Grantor, in turn, hereby acknowledges and confirms the receipt of the specified payment in full, as outlined above

V. No Warranties

The Grantor transfers to the Grantee only the rights, titles, and interests they possess in the property as defined in this document, with no assurances or guarantees about the title's quality, condition, or marketability. This Quitclaim Deed is executed without any express or implied warranties, and the Grantee accepts the property "as is," fully aware of any faults, defects, or encumbrances. Furthermore, the Grantee agrees to bear all future liabilities and risks associated with the property's title or condition, including potential third-party claims.

VI. Execution

This Deed has been appropriately and lawfully signed, and its execution has been duly carried out on the date that was initially specified at the commencement of this document.

[Grantor's Name]

[Grantee's Name]

NOTARY ACKNOWLEDGEMENT

On this [Day] day of [Month], [Year], before me, the undersigned, personally appeared [Grantor's Name], known to me (or proved to me based on satisfactory evidence) to be the person whose name is subscribed to the within instrument, and acknowledged that he/she executed the same in his/her authorized capacity and that by his/her signature on the instrument, the person executed the instrument.

[NOTARY PUBLIC'S NAME]

My Commission Expires: [DATE]