(1) An individual may transfer property to one or more designated beneficiaries effective at the transferor’s death by a transfer on death deed.

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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.