Oregon Statutes 93.953 – URPTDA 5. Authority for transfer on death deed
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(1) An individual may transfer property to one or more designated beneficiaries effective at the transferor’s death by a transfer on death deed.
Terms Used In Oregon Statutes 93.953
- Deed: The legal instrument used to transfer title in real property from one person to another.
(2) The individual may designate one or more:
(a) Primary beneficiaries; and
(b) Alternate beneficiaries who take the property only if none of the primary beneficiaries is qualified or survives the transferor. [2011 c.212 § 5]
See note under 93.948.