The Revocable Transfer on Death Deed (Oregon) is a legal template that enables an individual (the grantor) to transfer ownership of real estate upon their death, without the need for probate proceedings. This legal instrument allows the grantor to designate one or more beneficiaries who would receive the property after their demise, effectively bypassing the lengthy and costly probate process. The template outlines the necessary provisions, terms, and conditions of the deed, including information about the grantor, beneficiaries, and the property being transferred. It may also include instructions on revoking or amending the deed during the grantor's lifetime, ensuring flexibility and control over the property. This legal template serves as a convenient and efficient method to transfer real estate assets while simplifying the transfer process for the deceased person's loved ones.
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