Examlex
All of the following is true of the Oregon System EXCEPT:
Special Warranty Deed
A Special Warranty Deed is a type of deed in which the seller guarantees they have not impaired the title but only during their ownership.
General Warranty Deed
A type of deed in real estate that provides the highest level of protection for the buyer, where the seller guarantees they hold clear title to the property and have the right to sell it.
Buyer
An individual or entity that purchases goods or services from a seller in exchange for monetary payment or other consideration.
Grantor
The person or legal entity that creates a trust, conveys property, or grants a right.
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