Legal Question in Real Estate Law in Oregon
Transfer of Interest in Real Property
What type of deed is used to transfer interest or ownership without triggering the ''Due On Sale Clause''--so that a family member holds title, but the loan remains in place?
Asked on 3/17/06, 2:10 pm
1 Answer from Attorneys
Susan Burns
Law Office of Susan Ford Burns
Re: Transfer of Interest in Real Property
None. A transfer of the property could trigger a due on sale clause regardless of the type of deed used.
Answered on 3/17/06, 2:39 pm