PROPERTY DETAILS
PROPERTY ADDRESS
16225 SW PALERMO LN
PORTLAND, OR 97223
OWNER NAME: David & Jenny Park
VESTING: Tenants by Entireties
MAILING ADDRESS: 16225 SW Palermo Ln Portland OR 97223
OWNER STATUS: Owner occupied
COUNTY: Washington
CENSUS / BLOCK: 031909 / 1029
TSP - RNG - SEC: 02S - 01W - 05
LOT / BLOCK: 49 /
HOUSING TRACT: Heights
ALT PARCEL #: R2074872
SCHOOL DISTRICT: Tigard
MUNICIPALITY: Portland PARCEL #: R2074872
16225 SW PALERMO LN PORTLAND, OR 97223
GROSS AREA: 2,157
LIVING AREA: ABOVE GRADE:
BEDROOMS: 4
BATHROOMS: 3
FIREPLACE: 1
YEAR BUILT: 1998
PARKING TYPE: Attached Garage
UNITS: 1
BASEMENT:
GARAGE AREA: 463
ROOF SHAPE:
FOUNDATION: 01
ROOF MATERIAL: Composition Shingle
CONSTRUCTIONS: Wood
HEAT TYPE: Forced air unit
COOLING TYPE:
EXTERIOR WALL: Wood
ROOMS:
QUALITY:
INTERIOR WALL:
PORCH TYPE:
PATIO TYPE: AIR COND: Y
FIXTURES: FLOOR:
EQUIPMENT:
STORIES: POOL:
CONDITION: Average
LAND USE: Residential Improved
ZONING: Low Density Residential Distric
COUNTY USE: Residence Single Family
LOT ACRES: 0.13
STATE USE:
LOT SQ FT: 5,663 LEN / WID:
ASSD YEAR: 2024
ASSD VALUE: $314,030
TAXABLE VAL: TAX YEAR: 2024
LAND VALUE: $286,340
MKT VALUE: $603,130
TAX AREA: 23.78
IMP VALUE: $316,790
EXEMPTIONS:
PROPERTY TAX: $5,094.59
IMPROVED %: 53 DISTRICT:
DEMOGRAPHICS
PROPERTY ADDRESS
ASSESSORMAP
STREET
AERIALMAP
CITY Y BOUNDARY Y MAP P
SCHOOLS
ELEMENTARY SCHOOLS
NAME: Scholls Heights Elementary School
CHARTER SCHOOL: No
ADDRESS: 16400 Sw Loon Dr MAGNET SCHOOL:
CITY, STATE, ZIP: Beaverton, OR 97007 AREA DESCRIPTION: 13-City: Small
PHONE: (503)356-2460
GRADES: Kindergarten - 5th Grade
NAME: Mary Woodward Elementary School
ADDRESS: 12325 Sw Katherine St
CITY, STATE, ZIP: Tigard, OR 97223
PHONE: (503)431-4700
0.79 mile(s)
TITLE ONE: 2-No
CHARTER SCHOOL: No
SCHOOL:
DESCRIPTION: 13-City: Small
2.20 mile(s)
GRADES: Kindergarten - 5th Grade TITLE ONE: 2-No
MIDDLE SCHOOLS
NAME: Conestoga Middle School
ADDRESS: 12250 Sw Conestoga Dr
CITY, STATE, ZIP: Beaverton, OR 97008
PHONE: (503)356-2580
CHARTER SCHOOL: No
MAGNET SCHOOL:
AREA DESCRIPTION: 13-City: Small
2.76 mile(s)
GRADES: 6th Grade - 8th Grade TITLE ONE: 2-No
NAME: Thomas R Fowler Middle School
ADDRESS: 10865 Sw Walnut St
CHARTER SCHOOL: No
SCHOOL: CITY, STATE, ZIP: Tigard, OR 97223
PHONE: (503)431-5000
DESCRIPTION: 13-City: Small
2.80 mile(s)
GRADES: 6th Grade - 8th Grade TITLE ONE: 2-No
HIGH SCHOOLS
NAME: Mountainside High School
CHARTER SCHOOL: No
ADDRESS: 12500 Sw 175Th Ave MAGNET SCHOOL: CITY, STATE, ZIP: Beaverton, OR 97007
PHONE: (503)356-3500
DESCRIPTION: 41-Rural: Fringe
0.79 mile(s)
GRADES: 9th Grade - 12th Grade TITLE ONE: 2-No
NAME: Tigard High School
ADDRESS: 9000 Sw Durham Rd
CHARTER SCHOOL: No
SCHOOL: CITY, STATE, ZIP: Tigard, OR 97224 AREA DESCRIPTION: 13-City: Small
PHONE: (503)431-5400 DISTANCE: 3.81 mile(s)
GRADES: 9th Grade - 12th Grade TITLE ONE: 2-No
Students earning a high school diploma or GED within five years. Cohort
time ninth graders in 2018-19 finishing in 2022-23 .
State Goals
Students
District Goals
The Oregon Department of Education is collaborating with school districts and communities across the state to achieve a 90% on-time graduation rate by 2027. Grounded in the pillars of Academic Excellence, Belonging and Wellness, and Reimagined Accountability, ODE prioritizes evidence-based practices to boost early literacy, attendance, and student engagement. We are committed to closing opportunity and achievement gaps for marginalized students and securing long-term success for all of Oregon’s learners by investing in culturally responsive practices, fostering inclusive environments and always driving for continuous improvement.
TTSD’s Mission is to Educate Every Child . We do this with a dedication to Student Achievement, Equity, Talent, and Climate & Culture . These values guide our delivery of inclusive, culturally specific instruction and our belief in the success of every student. We work collectively guided by data to meet the individual academic needs of our students and to provide the social and emotional supports that remove barriers to achievement.
Starting in 2023-24, Senate Bill 923 updated the requirements for reporting a student's school information. More students are now included in school level rates.
TO GRADUATE
Safe & Welcoming Environment
TTSD continuously evaluates and responds to the needs of our ever-changing world and specifically our student population. We hold an uncompromised commitment to the safety and well-being of our students and staff, and maintaining a safe, inclusive, respectful, and rigorous learning environment. Our goal is for all students to feel physically and emotionally safe and respected. We are led by Board policies dedicated to protecting all students, staff, and families from discrimination, bias, hate, and harassment.
State Goals
School Goals
Oregon Department of Education is collaborating with school districts and communities across the state to achieve a 90% ontime graduation rate by 2027. Grounded in the pillars of Academic Excellence, Belonging and Wellness, and Reimagined Accountability, ODE prioritizes evidence-based practices to boost early literacy, attendance, and student engagement. We are committed to closing opportunity and achievement gaps for marginalized students and securing long-term success for all of Oregon’s learners by investing in culturally responsive practices, fostering inclusive environments and always driving for continuous improvement.
The
MaryWoodward is dedicated to the delivery of inclusive, culturally specific instruction and our belief in the success of every student. We work collectively guided by data to meet the individual academic needs of our students and to provide the social and emotional supports that remove barriers to achievement. We foster strong systems of teacher collaboration and leverage our 1:1 technology to benefit every student.
Starting in 2023-24, Senate Bill 923 updated the requirements for reporting a student's school information. More students are now included in
LANGUAGE ARTS
About Our School
COMMUNITY ENGAGEMENT
The TTSD community has a long and proven history of support for education and their schools. We work every day to steward that support by preparing our students for success in school and life. Our district strives to provide world-class experiences exposing our students to innovative learning in state-of-the-art buildings delivered by best-in-class teachers. We recognize that we can only do this work in partnership with our community. We are grateful for the lifechanging assistance we receive from our volunteers, businesses, civic groups, faith communities, and countless others.
PARENT ENGAGEMENT
TTSD creates collaborative, culturally responsive relationships with all families. Communication is delivered in a variety of ways to ensure parents are informed and engaged in their students’ learning and school environment. We welcome parent volunteers in our classrooms and school. Dedicated staff work with our families to serve the needs of each of our students. All major decisions that impact our students are made in partnership with our students and families.
EXTRACURRICULAR ACTIVITIES
· Chess Club · Art Literacy (Art Lit) · Oregon Battle of the Books · School Garden · Running Club · No Place for Hate and Student Ambassadors · Multi Cultural Family Engagement Night · Science Fair Night
BULLYING, HARASSMENT, AND SAFETY POLICIES
We are committed to fostering a school environment that is free from hazing, harassment, intimidation, racism, bullying, cyberbullying, menacing, or any threat to personal safety or race/national origin discrimination. This commitment is mandated by Board policy and reinforced by our student handbook. TTSD students have the responsibility to respect the rights of others, seek help when they know about a wrongful act, and resolve disputes peacefully. We teach anti-bullying and antihate lessons and provide professional supports around social, emotional, and behavioral health.
Safe & Welcoming Environment
TTSD continuously evaluates and responds to the needs of our ever-changing world and specifically our student population. We hold an uncompromised commitment to the safety and well-being of our students and staff, and maintaining a safe, inclusive, respectful, and rigorous learning environment. Our goal is for all students to feel physically and emotionally safe and respected. We are led by Board policies dedicated to protecting all students, staff, and families from discrimination, bias, hate, and harassment.
State Goals
The Oregon Department of Education is collaborating with school districts and communities across the state to achieve a 90% ontime graduation rate by 2027. Grounded in the pillars of Academic Excellence, Belonging and Wellness, and Reimagined Accountability, ODE prioritizes evidence-based practices to boost early literacy, attendance, and student engagement. We are committed to closing opportunity and achievement gaps for marginalized students and securing long-term success for all of Oregon’s learners by investing in culturally responsive practices, fostering inclusive environments and always driving for continuous improvement.
are
School Goals
Fowler's mission is to develop well-rounded students who take responsibility for their education and are academically prepared for high school. We believe building positive relationships with our students is the foundation for academic success. We are dedicated to fostering an inclusive learning community that values all voices and celebrates kindness and equitable outcomes for all students. Our instructional focus is based on common formative assessment and using data to create individualized plans for every student.
Starting in 2023-24, Senate Bill 923 updated the requirements for reporting a
COMMUNITY ENGAGEMENT
The TTSD community has a long and proven history of support for education and their schools. We work every day to steward that support by preparing our students for success in school and life. Our district strives to provide world-class experiences exposing our students to innovative learning in state-of-the-art buildings delivered by best-in-class teachers. We recognize that we can only do this work in partnership with our community. We are grateful for the lifechanging assistance we receive from our volunteers, businesses, civic groups, faith communities, and countless others.
ENGLISH LANGUAGE ARTS
PARENT ENGAGEMENT
TTSD creates collaborative, culturally responsive relationships with all families. Communication is delivered in a variety of ways to ensure parents are informed and engaged in their students’ learning and school environment. We welcome parent volunteers in our classrooms and school. Dedicated staff work with our families to serve the needs of each of our students. All major decisions that impact our students are made in partnership with our students and families.
EXTRACURRICULAR ACTIVITIES
· 30% of students participate in extracurricular activities including: Soccer, Basketball, Tennis, Track, Dance, Computers, Chess, Homework Club, Gaming Club, Community Service, Band, Art, Affinity Groups, Technology clubs, Intercambio, Drama Club, Leadership, Oregon Battle of the Books, Dodgeball, Juggling, Volleyball and more! · Affinity/Alliance Groups · No Place for Hate Club · Band, Choir, and Drama · AVID · Intercambio
About Our School BULLYING, HARASSMENT, AND SAFETY POLICIES
We are committed to fostering a school environment that is free from hazing, harassment, intimidation, racism, bullying, cyberbullying, menacing, or any threat to personal safety or race/national origin discrimination. This commitment is mandated by Board policy and reinforced by our student handbook. TTSD students have the responsibility to respect the rights of others, seek help when they know about a wrongful act, and resolve disputes peacefully. We teach anti-bullying and antihate lessons and provide professional supports around social, emotional, and behavioral health.
Students
COLLEGE GOING
Students enrolling in a two or four year college within 12 months of completing high school in 202122 . Data from the National Student Clearinghouse.
Students earning a high school diploma or GED within five years. Cohort Includes students who were firsttime ninth graders in 2018-19 finishing in 2022-23
Oregon average 53%
Safe & Welcoming Environment
TTSD continuously evaluates and responds to the needs of our ever-changing world and specifically our student population. We hold an uncompromised commitment to the safety and well-being of our students and staff, and maintaining a safe, inclusive, respectful, and rigorous learning environment. Our goal is for all students to feel physically and emotionally safe and respected. We are led by Board policies dedicated to protecting all students, staff, and families from discrimination, bias, hate, and harassment.
Decrease from previous year 2% Oregon average 87%
State Goals
Students earning a diploma within four years.
includes
who were first-time ninth graders in 2019-20 graduating in 2022-23
No change from previous year
School Goals
The Oregon Department of Education is collaborating with school districts and communities across the state to achieve a 90% ontime graduation rate by 2027. Grounded in the pillars of Academic Excellence, Belonging and Wellness, and Reimagined Accountability, ODE prioritizes evidence-based practices to boost early literacy, attendance, and student engagement. We are committed to closing opportunity and achievement gaps for marginalized students and securing long-term success for all of Oregon’s learners by investing in culturally responsive practices, fostering inclusive environments and always driving for continuous improvement.
High School is focused on establishing a culture of care and belonging within our school communities serving as the foundation for rigorous and meaningful teaching and learning. Student discourse, agency, and collaborative discussions are used to deepen critical thinking, collaboration, and communication skills. We have systems in place to ensure students are on track with credit attainment. All students receive mentorship to support the development and implementation of their high school and beyond plans.
Starting in 2023-24, Senate Bill 923 updated the requirements for reporting a student's school information. More students are now included in school level rates.
Tigard
PARENT & COMMUNITY ENGAGEMENT
TTSD creates collaborative, culturally responsive relationships with all families. Communication is delivered in a variety of ways to ensure parents are informed and engaged in their students’ learning and school environment. We welcome parent volunteers in our classrooms and school. Dedicated staff work with our families to serve the needs of each of our students. All major decisions that impact our students are made in partnership with our students and families.
TO GRADUATE
EXTRACURRICULAR
ACTIVITIES · 17 Interscholastic Sports · 30 Academic and Service Clubs · Robotics, National Honors Society, and Performing Arts · After school tutoring also occurs four days a week · HOSA Future Health Professionals · MeCha · Black Student Union · Pacific Islander Club · Student Affinity Groups
CAREER & TECHNICAL EDUCATION
Management · Computer Technology · Accounting and Finance · Construction Technology
About Our School
CITY Y OF F PORTLAND D
652,503$40,1463549.54%50.46%
Portlandis thelargest cityin theU.S. stateofOregonand theseatofMultnomah County. It is a majorportin theWillamette Valleyregion of thePacific Northwest, at the confluenceof the WillametteandColumbia rivers. As of 2020, Portland had a population of 652,503, making it the 25th most populated city in the United States, the sixth-most populous on the West Coast and the second most populous in the Pacific Northwest, after Seattle. Approximately 47% of Oregon’s population resides within the Portland metro area.
SCHOOL DISTRICTS SCH
Portland David Douglas Reynolds
HOUSING
Centennial Parkrose Riverdale
53.75% of homes owner occupied
46.25% of homes rented
POPULATION DENSITY
4,375.2 inhabitants per sq. mile
265,439 housing units at an average density of 1,989.4 per square mile
HISTORY
AGE DEMOGRAPHIC
21.1% under age 18
10.3% between ages 18 to 24
34.7% between ages 25 to 44
22.4% between ages 45 to 64
11.6% above age 65
CITY QUICK FACTS
Largest city in Oregon
145 square miles
50 feet elevation
25th most populous city in the US
Highest Average Temperature 81.1 Lowest Average Temperature 35.2
Named after Portland, Maine, the Oregon settlement began to be populated in the 1830s near the end of the Oregon Trail. Its water access provided convenient transportation of goods, and the timber industry was a major force in the city's early economy. At the turn of the 20th century, the city had a reputation as one of the most dangerous port cities in the world, a hub for organized crime and racketeering.
METRO O AREA A BASE E MAP P
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
LOCAL BUSINESSES
PORTLAND D UTILITIES S
Emergency Police/Medical/Fire 911
Poison Control (800)222-1222 www.aapcc.org
United States Postal Service (800)275-8777 www.usps.com
Xfinity (800)266-2278
www.xfinity.com
Ziply Fiber (866)699-4759
www.ziplyfiber.com
Verizon (800)483-4100
www.verizon.com
AT&T (800)288-2020 www.att.com
CenturyLink (866)963-6665 www.centurylink.com
Dish Network (800)318-0572 www.dish.com
DIRECT TV (800)531-5000 www.directtv.com
The Oregonian (503)221-8240 www.oregonlive.com
TRI-MET (503)238-7433 www.trimet.org
Northwest Natural Gas (800)422-4012 www.nwnatural.com
Portland General Electric (503)228-6322 www.portlandgeneral.com
City of Tigard Water Provider (503)718-2460 www.tigard-or.gov
Clean Water Services Sewer (503)681-3600 www.cleanwaterservices.org
Waste Management (800)808-5901 www.wm.com
Tigard/Tualatin School District (503)431-4000
www.ttsdschools.org
CHANGEOFADDRESS
USPS
Belowisthewebsiteifyouwouldliketochangeyouraddressonlineoryoucanvisityour localpostoffice,theywillprovideyouwiththechangeofaddresspacket. https://moversguide.usps.com
Benefitsyouwillreceivewhenyouchangeyouraddressonlineare:
Exclusivemoversavingscoupons
Safeandsecurewithidentityverificationbyasimple$1.00chargetoyourcreditordebit card
Emailconfirmationattheendofregistrationofyourchangeofaddress
*Musthavevalidemailaddressandcreditcardtoregisteronline.
AUTOREGISTRATIONANDDRIVERLICENSING
Belowisthewebsiteifyouwouldliketochangeyouraddressonlineoryoucanvisityour localDMVoffice.
OregonDepartmentofTransportation DMVServices 1905LanaAvenueNE Salem,OR97314-0100 www.oregondmv.com/oregon/index.htm
GeneralDMVInformationContact: 503-299-9999
VOTERSREGISTRTION
TOREGISTERTOVOTE,YOUMUSTBE:
AcitizenoftheUSA
AresidentofOregon
ALegalResidentofOregonStateatleast18yearsofageonorbeforethenextelection.
HOWTOREGISTER
ToregistertovoteonlineyouwillneedanOregondriver'slicense,permitorIDcard numberissuedbytheOregonDriverandMotorVehicleServicesDivision(DMV).
IfyoudonothaveanOregondriver'slicense,permitorIDcard,youcanstillusetheonline voterregistrationapplication.Theinformationyouenterwilldisplayonavoterregistration card(PDFdocument)thatyouwillneedtoprint,signanddelivertoyourcountyelections officetocompleteyourregistration.
REGISTRATIONDEADLINE
Anewregistrantmustsubmittheironlineregistrationby11:59:59p.m.PacificTimeonthe 21stcalendardaybeforeanelectiontobeeligibletovoteinthatelection.
CHANGEOFADDRESS
Ifyoumovetoanewcounty,youmustcompleteanewvoterregistration,otherwiseyou mustrequestatransferofyourregistration.
ClackamasCountyVoterRegistration:503-655-8510
MultnomahCountyVoterRegistration:503-988-3720
WashingtonCountyVoterRegistration:503-846-5800
MOVINGCHECKLIST
UTILITIES
Electric
NWNaturalGas WaterDistrict
SewerDistrict
GarbageProvider
Cable/Satellite Fuel(Propane)
PhoneServices
Internet
FINANCIAL
BanksandCreditUnions
CreditCardCompanies (includingdepartmentstorecreditcards)
Lenders (Mortgage,HomeEquity,Auto,StudentLoans) InsuranceCompanies
(Health,Renters,Auto,Home,Medical,Dental,Disability,Life)
Retirement (Pensionplans,401K,SocialSecurity,VeteransAffairs)
Investments (InvestmentAgenciesandBrokers) OnlineBillPayer Paypal
GOVERNMENT
USPostOffice
DepartmentofMotorVehicles
(Obtainyourdriver’slicenseandchangevehicleregistration)
IRS PassportOffice VeteranAffairs UnemploymentOffice (Ifyouarecurrentlyreceivingunemploymentbenefits)
HEALTH
Physician Pharmacies
SERVICEPROVIDER
Childcare HousecleaningServices DeliveryServices LawnCareServices Veterinarian PoolService
MEMBERSHIPS
HealthClubs
MembershipClubs (AAAorsimilar) CommunityGroups (PTA,NeighborhoodAssociations,CivicClubs) Children’sExtracurricular Activities (DanceClasses,MusicLesson,SportsClubs)
SUBSCRIPTIONS
Newspapers
Magazine (USPSwillonlyforward2months)
MovieSubscriptions
BookorMusicClubs
OTHER
FriendsandFamily Employers (typicallynotifytheHRDepartment)
MOVINGCHECKLIST
8WEEKBEFOREYOUMOVE
InventorySheets:Createaninventorysheetofallyour belongingswhichneedtobemoved
ResearchMovingOptions:You’llneedtodecideifyoursisa do-it-yourselfmoveorifyou’llbeusingamovingcompany.
RequestMovingQuote:Solicitmovingquotesfromasmany movingcompaniesandmoversaspossible.Therecanbea largedifferencebetweenratesandserviceswithinmoving companies.
DiscardUnnecessaryItems:Movingisagreattimefor riddingyourselfofunnecessaryitems.Haveayardsaleor donateunnecessaryitemstocharity.
PackingMaterial:Gathermovingboxesandpacking materialforyourmove.
ContactInsuranceCompanies:You’llneedtocontactyour insuranceagenttocancel/transferyourinsurancepolicy.
1
1WEEKBEFOREYOUMOVE
1 WEEK
Your USPS Office
YourChangeofAddress:Changeyouraddresswiththe USPS,DMV,FinancialInstitutions,Utilities,Government Offices,HealthCareServiceProviders,Memberships, SubscriptionsandInsuranceProvisions.
BankAccounts:Transferorclosebankaccountsifchanging banks.Makesuretohaveamoneyorderforpayingthe movingcompany.
ServiceAutomobiles:Ifautomobilesaretobedrivenlong distance,you’llwanttohavethemservicedsoyouhavea trouble-freedrive.
CancelServices:Notifyanyremainingserviceproviders (newspapers,lawnservices,etc.)ofyourmove.
TravelItems:Setasideallitemsyou’llneedwhiletraveling. Makesurethesearenotpackedonthemovingtruck..
ContactUtilityCompanies:Setutilityturnoffdate,seek refundsanddepositsandnotifythemofyournewaddress.
4 WEEK BEFO
4WEEKBEFOREYOUMOVE
Start Packin location
4
StartPacking:Beginpackingallthingsdestinedforyournew location.
Obtain You dentist and retaining an records or m
ObtainYourMedicalRecords:Contactyourdoctor,physician, dentistandothermedicalspecialistswhomaycurrentlybe retaininganyofyourfamily’smedicalrecords.Obtainthese recordsormakeplansforthemtobedeliveredtoyournew medicalfacilitiesifchanging.Securityiscriticalofpersonal records.
NoteFoodInventoryLevels:Checkyourcupboards, refrigeratorandfreezer.Useupasmuchofyourperishable foodaspossible.
SmallEngines:Servicesmallenginesforyourmoveby extractinggasandoilfromthemachines.Thiswillreduce thatchancetocatchfireduringyourmove.
ProtectJewelryandValuables:Transferyourjewelryand valuablestoasafetydepositbox;youdon’twantthemtobe lostorstolenduringyourmove.
BorrowedandRentedItems:Returnitemsthatyoumay haveborrowedorrented.Collectitemsborrowedtoothers.
*
MOVINGDAY
MOVING DA
Plan Your the house
Someone
PlanYourItinerary:Makeplanstospendtheentiredayat thehouseoratleastuntilthemoversareontheirway. Someonewillneedtobearoundtomakedecisions.Make plansforkidsandpetstobeatasittersfortheday.
ReviewtheHouse:Oncethehouseisempty,checkthe entirehouse(closets,attic,basement,etc.)toensureno itemsareleftornohomeissuesexist.
DoubleCheckWithYourMover:Ensurethemoverhasthe newpropertyaddressandallofyourmostrecentcontact information,shouldtheyhaveanyquestionsduringyour move.
VacateYourHome:Makesureutilitiesareoff,doorsand windowsarelockedandnotifyyourrealestateagentyou’ve vacatedtheproperty.
QuestionsToAsk:Whereisthegaragedooropener?Where arethekeystothehouse,mailboxandotherlockablearea? Didyouretrieveallkeysfromneighborsandfriends?
THEHOMEDEPOT
(800)466-3337 www.homedepot.com
Beaverton (503)469-4242 4401SW110thAve. Beaverton,OR97005
S.Beaverton (503)646-1525 13700NWSciencePk.Dr. Portland97229
Clackamas (503)774-6372 9300SE82ndAve. HappyValley,OR97086
Hillsboro (503)693-9090 1950SEMinterBridgeRd. Hillsboro97123
JantzenBeach (503)289-9200 1728NTomahawkIslandDr. Portland97217
OregonCity (503)723-3181 2002WashingtonSt. OregonCity,OR97045
E.Portland (503)261-8543 10120SEWashingtonSt. Portland97216
NEPortland (503)252-0188 11633NEGlenWidingDr. Portland97220
Sherwood (503)925-8447 20260SWPacificHwy. Sherwood,OR97140
Tigard (503)639-3500 14800SWSequoiaParkway Tigard97224
MOVINGRESOURCES
THEHOMEDEPOTCONTINUED
Troutdale (503)674-3944 25101SEStarkSt. Troutdale,OR97060
LOWES
(800)466-3337 www.lowes.com
Hillsboro (503)844-6200 1951SE24thAve. Hillsboro,OR97123
Milwaukie (503)794-2500 13631SEJohnsonRd. Milwaukie97222
Portland (503)737-3000 1160NHaydenMeadowsDr. Portland97217
Tigard (503)624-2644 12615SW72ndAve. Tigard,OR97223
WoodVillage (503)667-1005 1000NEWoodVillageBlvd. WoodVillage,OR97060
DONATIONFACILITIES
Goodwill (800)741-0186 locator.goodwill.org
TheSalvationArmy (800)958-7825 www.salvationarmyusa.org
ValueVillage (800)958-7825 www.valuevillage.com
MOVINGTRUCKRENTALS
Budget (800)462-8343 www.budgettruck.com
Penske (888)996-5415 www.pensketruckrental.com
Ryder (800)297-9337 www.ryder.com
U-Haul (800)468-4285 www.uhaul.com
STORAGECOMPANIES
NWSelfStorage www.nwselfstorage
PublicStorage (800)906-0879 www.publicstorage.com
Pods (888)309-8967 www.pods.com
TRANSFER STATIONS Garbage/Recycling
MetroCenter (503)234-3000 www.oregonmetro.gov 6161NW61stAve. Portland,OR97210
MetroSouth (503)234-3000 www.oregonmetro.gov 2001WashingtonSt. OregonCity,OR97045
AIRPORT
PortlandInternationalAirport (877)793-4690 www.flypdx.com
AUTO&DRIVERREGISTRATION
DMV
(503)945-5000 www.odot.state.or.us/dmv/
BUSSERVICE
C-Tran (360)695-0123 www.c-tran.com
Greyhound (800)231-2222 www.greyhound.com
Tri-Met (503)238-7433 www.tri-met.org
CABLETV&INTERNET
Verizon (888)881-8161 www.verizon.com
XFINITY(Comcast) (800)934-6489 www.comcast.com
CITYCONTACT
Banks (503)324-5112 www.cityofbanks.org
Beaverton (503)526-2222 www.ci.beaverton.or.us
Canby (503)266-4021 www.ci.canby.or.us
RESOURCEGUIDE
CITYCONTACTCONTINUED
Cornelius (503)357-9112 www.ci.cornelius.or.us
Damascus (503)658-8545 www.ci.damascus.or.us
Estacada (503)630-8270 www.cityofestacada.org
Fairview (503)665-7929 www.ci.fairview.or.us
ForestGrove (503)359-3200 www.ci.forest-grove.or.us
Gaston (503)985-3340
Gladstone (503)656-5225 www.ci.gladstone.or.us
Gresham (503)661-3000 www.ci.gresham.or.us
HappyValley (503)760-3325 www.ci.happy-valley.or.us
Hillsboro (503)681-6100 www.hillsboro-oregon.gov
KingCity (503)639-4082 www.ci.king-city.or.us
LakeOswego (503)635-0270 www.ci.oswego.or.us
Milwaukie (503)786-7525 www.ci.cityofmilwaukie.org
CITYCONTACTCONTINUED Molalla (503)829-6855 www.cityofmolalla.com
NorthPlains (503)647-5555 www.northplains.org
OregonCity (503)657-0891 www.ci.orcity.or.us
Portland (503)823-4000 www.portlandonline.com
RiverGrove (503)639-6919
Sandy (503)668-5533 www.ci.sandy.or.us
Sherwood (503)625-5522 www.ci.sherwood.or.us
Tigard (503)639-4171 www.ci.tigard.or.us
Troutdale (503)665-5175 www.ci.troutdale.or.us
Tualatin (503)692-2000 www.tualatinoregon.gov
WestLinn (503)657-0331 www.westlinnoregon.gov
Wilsonville (503)682-1011 www.ci.wilsonville.or.us
Wood Village (503)667-6211 www.ci.wood-village-or.us
COUNTYCONTACTS
Clackamas (503)655-8011 www.co.clackamas.or.us Taxation (503)655-8671
Multnomah (503)248-3511 www.co.clackamas.or.us Taxation (503)988-3326
Washington (503)846-8611 www.co.clackamas.or.us Taxation (503)846-8741
ELECTRICITY
PacificPower (888)2217070 www.pacificpower.net
PortlandGeneral (800)542-8818 www.portlandgeneral.com
HOSPITALS
AdventistMedical (503)257-2500 www.adventisthealthnw.com
DoernbecherChildren’s Hospital (503)494-8311 www.ohsu.edu
LegacyGoodSamaritan (503)413-4683 www.legacyhealth.org
LegacyEmanuel (503)413-2200 www.legacyhealth.org
RESOURCEGUIDE
HOSPITALSCONTINUED
LegacyMeridianPark (503)692-1212 www.legacyhealth.org
LegacyMt.Hood (503)674-1122 www.legacyhealth.org
KaiserPermanenteSunnyside (503)813-2000 www.kaiserpermanente.org
KaiserPermanenteWestside (503)813-2000 www.kaiserpermanente.org
OHSU (503)494-8311 www.ohsu.edu
ProvidenceMilwaukie (503)513-8300 www.providence.org
ProvidencePortland (503)215-1111 www.providence.org
ProvidenceSt.Vincent (503)216-1234 www.providence.org
ProvidenceWillametteFalls (503)656-1631 www.providence.org
Shriner’sHospital (503)241-5090 www.shrinershq.org
TualityCommunity (503)681-1111 www.tuality.org
TualityForestGrove (503)357-2173 www.tuality.org
NATURALGAS
NWNatural (800)422-4012 www.nwnatural.com
NEWSPAPERS
TheColumbian (360)694-3391 www.columbian.com
TheOregonian (503)221-8240 www.oregonlive.com
WillametteWeekly (503)243-2122 www.wweek.com
RECREATION
ConventionCenter (503)235-7575 www.oregoncc.org
ExpoCenter (503)736-5200 www.expocenter.org
Mt.HoodMeadows (503)337-2222 www.mthoodmeadows.com
OMSI (503)797-4000 www.omsi.edu
OregonZoo (503)266-1561 www.oregonzoo.com
PortlandInternational Raceway (503)823-7223 www.portlandraceway.com
PortlandArtMuseum (503)266-2811 www.pam.org
RESOURCEGUIDE
RECREATIONCONTINUED
ProvidencePark (503)553-5400 www.providenceparkpdx.com
RegalCinemas (800)FANDANGO www.regalcinemas.com
ModaCenter (503)797-9619 www.rosequarter.com
WillametteJetboat (503)231-1532 www.willamettejet.com
SHOPPING
BridgeportVillage (503)968-1704 www.bridgeport-village.com
CedarHillsCrossing (503)643-6563 www.cedarhillscrossing.com
ClackamasTownCenter (503)653-6913 www.clackamastowncenter.com
ColumbiaGorgeOutlets (503)669-8060 www.premiumoutlets.com/ columbiagorge
LloydCenter (503)282-2511 www.lloydcenter.com
Mall205 (503)255-5805
PioneerPlace (503)228-5800 www.pioneerplace.com
SHOPPINGCONTINUED
StreetsofTanasbourne (503)533-0561 www.streetsoftanasbourne.com
WashingtonSquare (503)369-8860 www.shopwashingtonsquare.com
WoodburnOutlets (888)664-SHOP www.woodburncompanystores.com
TELEPHONESERVICE
Verizon (800)483-4100 www.verizon.com
AT&T (800)288-2020 www.att.com
TRANSFERSTATIONS
MetroCenter (503)234-3000 www.oregonmetro.gov 6161NW61stAve. Portland,OR
MetroSouth (503)234-3000 www.oregonmetro.gov 2001WashingtonSt. OregonCity,OR
ClackamasCounty (503)668-8885 www.wmnorthwest.com 19600SECanyonValleyRd. Sandy,OR
VOTERREGISTRATION
Clackamas (503)655-8510
Multnomah (503)248-3720
Washington (503)846-5800
WATERBUREAU
Beaverton (503)526-2257
Clackamas (503)722-9220
Gladstone (503)656-5223
Gresham (503)618-2373
Hillsboro (503)681-6228
LakeOswego (503)635-0265
Milwaukie (503)786-7525
OregonCity (503)657-8151
Portland (503)823-7770
Tigard (503)639-1554
Tualatin (503)692-2000
WestLinn (503)656-4261
Wilsonville (503)682-1011
CYBERSECURITY
Becauseofyou…weobsessovercybersecurity!
Cyberfraudandemailhackingareontherise.Fraudstersmayaccessindividualemail accountsandmonitorthelifeofyourtransaction.Atthetimefundsareduetothe escrow,fraudstersintercepttheinformationforwiringfunds,andthefraudsterschange theinformationwithouttheknowledgeofthesenderorrecipient,resultinginthefunds beingsenttoanoutsideaccountandnevercreditedtotheintendedparty.
Toprotectandreduceyourrisk,WFGhasimplementedthefollowingproceduresfor outgoingandincomingwires:
OutgoingWirefromWFGtosellerorborrowerforproceeds Intheescrowpaperworkprovidedyouwillbeaskedtoprovidewritteninstructions onhowyouwantfundsdueyousenttoyouatthecloseofescrow.Ifyouchooseto havethefundssentviawiretransfer,WFGwillcontactyoubyphonetoconfirmthe wireinformationprovided.
IncomingWiresfromthebuyerand/orlendertoWFGbankaccount
ForfundsthataretobewiredtoWFGforyourtransaction,wewillsendspecificwire instructionstotheremittingpersonviaanencryptedemail.Werecommendyou reachouttoyourWFGcontacttoconfirmthewireinstructionspriortoremittance.
Welookforwardtoprocessingyourescrowtransactionforyou.Weknowthatthiscan beastressfultimeandweareheretoassistyouinanywaywecantomakethisagood experience.
http://national.wfgnationaltitle.com/2016/04/05/obsess-cyber-security/
OWNERSTITLEINSURANCE
Whyit'simportant
Financiallyspeaking,thedecisiontobuyahomeisoneofthebiggestdecisionsaperson willlikelyevermake.
Owner’stitleinsuranceinsuresthat,whenthepurchaseisclosed,thebuyeristheownerof andhasmarketabletitletotheproperty,hasaccesstothehome,andtherearenoliens, claims,orrestrictionsonthebuyer’sproperty,otherthanthemortgagethebuyeragreesto pay.
Ifthepreliminarytitlesearchuncoverspotentialproblems,abuyercanrequirethatthose problemsbesatisfactorilydealtwithbeforeclosingonthehome.
Inaddition,owner’stitleinsuranceprotectsbuyersagainstamyriadofrisksthatnoteven themostcarefultitlesearchcanuncover,includingthingssuchforgeddocuments, undisclosedormissingheirsofapreviousowner,fraud,willdisputes,andunrecorded claimsofmanytypes.
Withoutowner’stitleinsurance,thelegalcoststoresolvesuchtitleclaimscouldeasilybein thetensofthousandsofdollarsandwouldhavetobepaidoutofpocketbythebuyer-not tomentionthestressthatsuchsituationswouldcausetothebuyer.
Owner’stitleinsuranceisoneofthemostaffordableinsurancepoliciesapersoncanever buy.Unlikeotherformsofinsurance,thereisonlyaone-timefeeatclosingforthepolicy, whichfinanciallyprotectsthebuyer’sinvestmentforaslongasthebuyerorthebuyer’s heirsownthehome.
So,ifsomeonetellsthebuyerthatowner’stitleinsuranceis“optional”,thatcertainlydoes notmeanthatthebuyershouldnotgetit.Virtuallyeverylenderrequireslender’stitle insurance,butthatinsurancedoesnotprotectthebuyer.
Inordertosafeguardthebuyer’sinvestmentintheproperty,whichispossiblythemost importantinvestmentthebuyerwillevermake,owner’stitleinsuranceisabsolutelycritical.
WHATISESCROW?
UnderstandingtheEscrowProcess
Anescrowisanarrangementinwhichaneutralthirdparty(theescrowagent)assembles andprocessesmanyofthecomponentsofarealestatetransaction,recordsthetransaction, andultimately,disbursesanddistributesfundsaccordingtothebuyers’,sellers’and lenders’instructions.YourtransactionistypicallyclosedbyanEscrowOfficer.People buyingandsellingrealestateusuallyopenanescrowfortheirprotectionandconvenience. Boththebuyerandsellerrelyontheescrowagenttocarryouttheirwritteninstructions relatingtothetransactionandtoadvisethemifanyoftheirinstructionsarenotmutually consistentorcannotbecarriedout.Iftheinstructionsfromallpartiestoanescroware clearlydrafted,theescrowofficercanproceedonbehalfofthebuyerandsellerwithout furtherconsultation.Thissavesmuchtimeandfacilitatestheclosingofthetransaction.
TYPICALROLESINTHECLOSINGPROCESS
TheSeller/Agent
DeliversafullyexecutedPurchaseSale Agreementtotheescrowagent. Executesthepaperworknecessarytoclosethe transaction.
TheBuyer/Agent
Depositscollectedfundsrequiredtoclose(in withtheescrowagent.
Approvesthecommitmentfortitleinsurance,or otheritemsascalledforbythePurchaseSale Agreement.
Executesthepaperworkandloandocuments necessarytoclosethetransaction.
TheLender
Depositsloandocumentstobeexecutedbythe buyer Depositstheloanproceeds. Directstheescrowagentoftheconditions underwhichtheloanfundsmaybeused
TheEscrowAgent
ClearsTitle
Obtainstitleinsurance Obtainspayoffsandreleasedocumentsfor underlyingloansontheproperty Receivesfundsfromthebuyerand/orlender. Preparesvestingdocumentaffidavitonseller’s behalf.
Proratesinsurance,taxes,rents,etc.
Preparesafinalstatement(oftenreferredtoas the“HUDStatement”or”SettlementStatement”) foreachparty,indicatingamountspaidin conjunctionwiththeclosingofyourtransaction. Forwardsdeedtothecountyforrecording. Oncetheproperdocumentshavebeen recorded,theescrowagentwilldistributefunds totheproperparties.
InSummary
Escrowistheprocessthatassemblesandprocesses manyofthecomponentsofarealestatetransaction. Thesaleisofficiallyclosedwhenthenewdeedis recordedandfundsareavailabletotheseller,thus transferringownershipfromthesellertothebuyer. Theescrowagentisaneutralthirdpartyactingon behalfofthebuyerandseller.
WHATISTITLE?
AboutTitleInsurance
Titleisabundleofrightsinrealproperty. Protectingpurchasersandlendersagainstloss isaccomplishedbytheissuanceofatitle insurancepolicy.Usually,duringapurchase transaction,thelenderrequestsapolicy (commonlyreferredtoastheLender’sPolicy) whilethebuyersreceivetheirownpolicy (commonlyreferredtoasanOwner'sPolicy).
Inshort,thepolicystatesthatifthestatusof thetitletoaparcelofrealpropertyisother thanasrepresented,andiftheinsured(either theownerorlender)suffersalossasaresultof atitledefect,theinsurerwillreimbursethe insuredforthatlossandanyrelatedlegal expenses,uptothefaceamountofthepolicy, subjecttoexceptionsandexclusionscontained inthepolicy.
Typicallytherearetwopoliciesissued.The Mortgagee’sPolicyinsuresthelenderfor theamountoftheloan.TheOwner’sPolicy insuresthepurchaserofthepurchaseprice.
Howistitleinsurancedifferentfromothertypes ofinsurance?
Whilethefunctionofmostotherformsof insuranceisriskassumptionthroughthe poolingofrisksforlossesarisingoutof unforeseenfutureevents(suchassicknessor accidents),theprimarypurposeoftitle insuranceistoeliminaterisksandprevent lossescausedbydefectsintitlearisingoutof eventsthathavehappenedinthepast.To achievethisgoal,titleinsurersperforman extensivesearchandexaminationofthepublic recordstodeterminewhetherthereareany adverseclaims(titledefects)attachedtothe subjectproperty.Saiddefects/claimsareeither eliminatedpriortotheissuanceofatitlepolicy
ortheirexistenceisexceptedfromcoverage. Yourpolicyisissuedaftertheclosingofyour newhome,foraone-timenominalfee,andis goodforaslongasyouowntheproperty.
What’sinvolvedinatitlesearch?Atitlesearchis actuallymadeupofthreeseparatesearches:
ChainofTitle–Historyoftheownershipofthe subjectproperty
TaxSearch–Thetaxsearchrevealsthestatusof thetaxesandassessments
JudgmentandNameSearch–Searchesfor judgmentandliensagainsttheowners’and purchasers’names
Oncethethreesearcheshavebeencompleted,the fileisreviewedbyanexaminerwhodetermines:
WhetherornottheChainofTitleshowsthatthe partysellingthepropertyhastherighttodoso. Thestatusoftaxesforthesubjectproperty.The TaxSearchwillalsoindicatetheexistenceofany specialassessmentsagainstthelandand whetherornottheseassessmentsarecurrentor pastdue.
Whetherthereareanyunsatisfiedjudgmentson theJudgmentandNameSearchagainstthe previousowners,sellers,orandpurchasers.
Rightsestablishedbyjudgmentdecrees, unpaidfederalincometaxesandmechanicliensall maybepriorclaimsontheproperty,aheadofthe buyer’sorlender’srights.Thetitlesearchwillonly uncoverdefectsintitlethatareofpublicrecord,thus allowingthetitlecompanytoworkwiththesellerto clearuptheseissuesandprovidethenewbuyer withtitleinsurance.
InSummary
Afterthesearcheshavebeenexamined, thetitlecompanywillissueacommitment, statingtheconditionsunderwhichitwillinsure title.Thebuyer,sellerandthemortgagelender willproceedwiththeclosingofthetransaction afterclearingupanydefectsinthetitlethat havebeenuncoveredbythesearchand examination.
WHOPAYSWHATINOREGON
SELLERPAYS
TYPICALCOSTS
Thefollowingcostsgenerallyaffectalltransactions:
EscrowFee-one-halfofthefee,basedontitlecompany’s feeschedule
RecordingFees-basedoncountyfeeschedule TitlePremium-basedonfixedstatewidefeeschedule RealEstateCommission-basedonagreementwith Broker
TaxProrate-toapportiontaxesbetweenpartiesasof dateofclosing
GeneralCosts-aslistedforeachspecifictransaction,as requestedbyprincipals
Releasefeesforloanpayoff(s)
LANDSALECONTRACTTRANSACTION
AttorneyFee-optional,andissometimessharedwith purchaser
CollectionEscrowSetupFee-optional,andisoften sharedwithpurchaser
ASSIGNMENTOFCONTRACTFORASSUMPTIONOFLOAN TRANSACTION
Anydelinquentpaymentstobringcontractorloan current
Prorateshareofcurrentmonth’sinterestbasedon currentrate
CONVENTIONAL,FHA,VALOANTRANSACTIONS
Anyclosingcost(notexpensesofpropertyorloan interest)negotiatedonbehalfofthepurchaser,subject tolender’sapproval
FHA,VALoans-checkwithlenderforanyapplicable sellercosts
BUYERPAYS
TYPICALCOSTS
Thefollowingcostsgenerallyaffectalltransactions: EscrowFee-one-halfofthefee,basedontitlecompany’s feeschedule
RecordingFees-basedoncountyfeeschedule FireInsurancePremium-mandatorywhenanylenderis involved,includingtheseller’slender
TaxProrate-toapportiontaxesbetweenpartiesasof dateofclosing
GeneralCosts-aslistedforeachspecifictransaction,as requestedbytheprincipals
LANDSALECONTRACTTRANSACTION
AttorneyFee-optional,andissometimessharedwith seller
CollectionEscrowSetupFee-optional,andissometimes sharedwithseller RecordingFee-forcontractormemorandumthereof
ASSIGNMENTOFCONTRACTFORASSUMPTIONOFLOAN TRANSACTION
AssumptionorAssignment Nextmonthlypaymentdue,ifrequiredbylender RecordingFee-forAssumption/Assignmentof Agreement,ifrequiredbylender
CONVENTIONAL,FHA,VALOANTRANSACTIONS
Lenderstitleinsurancepolicy&endorsements,as requiredbylender
LoanFee-asrequiredbylender CreditReportFee-asrequiredbylender AppraisalFee-asrequiredbylender
MortgageInsurancePremium-basedonfeeschedule andendorsementsoflender
PrepaidInterest-ifrequiredbylender VALoansonly-fundingfee,ifrequiredbylender FHA,VA,andsomeConventionalLoans-reservesforreal propertytaxes,fireinsuranceandmortgageinsurance
DISCLAIMER:Thisflyerisnotintendedtobeanall-inclusivelistoffeesandchargesoneverytransaction,butratheraguidetothemajorcostsofbuyingorselling realproperty.WFGwouldbehappytoreviewandexplainyourclosingcostpriortofinalizingthetransactions.
TITLEVESTING Commonwaystoholdtitletorealproperty
ASANINDIVIDUAL
Anindividualmayholdtitleinhisorhernameonly,regardlessofwhetherornotmarried–e.g.“JaneSmith,an individual”.Thatindividualthenownsallrightstotheproperty,whichcanbesoldortransferredtoothersviawill ortrust.Whileadivorceispending,however,ifthepropertywasacquiredduringthemarriageitwilllikelybe treatedaspartofthemaritalestateandthusbesubjecttocourtauthority.
ASTENANTSBYTHEENTIRETY
Aconveyancetoahusbandandwifecreatesatenancybytheentirety–e.g.“JohnSmithandJaneSmith, husbandandwife,astenantsbytheentirety”.Thiscreatesasurvivorshipestate,whichmeansthatifonespouse dies,his/herinterestwillautomaticallygotothesurvivingspouse.Ahusbandandwifemayalsotaketitleas tenantsincommon(discussedbelow)iftheintentiontoholdtitleinthatmannerisexpresslystated.
ASTENANTSINCOMMON
Unlessaconveyanceexpresslyprovidesthatthepartiesintendtocreateasurvivorshipestate(discussedbelow), aconveyancetotwoormorepersonswhoarenotmarriedcreatesatenancyincommoninwhicheachhas (unlessotherwisestated)anequalundividedinterestintheproperty–e.g.“JohnSmithandRobertJones,as tenantsincommon,eachastoanundivided50%interest”.Eachtenantincommonthenownsanundivided interestintheentireproperty,whichcanbesoldortransferredtoothersviawillortrust.
ASASURVIVORSHIPESTATE
Twoormorepersonswhoarenotmarriedmayalsoholdtitleastenantsincommonwitharightofsurvivorship, aslongasthesurvivorshipdeclarationisexpresslycontainedinthedeed–e.g.“JohnSmithandRobertJones, notastenantsincommon,butwiththerightofsurvivorship”.Thiscreatesasurvivorshipestate,whichmeans thatifonepartydies,his/herinterestwillautomaticallygotothesurvivorandcannotbesoldduringthelifetime ofortransferredviawillortrustbythepartywhodiesfirst.
ASREGISTEREDDOMESTICPARTNERS
Registereddomesticpartnersmaytaketitleas(i)tenantsincommon–e.g.“JaneSmithandMaryJones, registereddomesticpartners,astenantsincommon,eachastoanundivided50%interest”,or(ii)ina survivorshipestatesimilartothatofatenancybytheentirety–e.g.“JaneSmithandMaryJones,asregistered domesticpartnerswithrightofsurvivorship”.
ASASAMESEXMARRIEDCOUPLE
Samesexmarriedcouplesmaytaketitleas(i)tenantsincommon–e.g.“JohnSmithandRobertSmith,a marriedcouple,astenantsincommon,eachastoanundivided50%interest”,or(ii)inasurvivorshipestate similartothatofatenancybytheentirety–e.g.JohnSmithandRobertSmith,amarriedcouplewithrightof survivorship,or(iii)astenantsbytheentirety–e.g.“JohnSmithandRobertSmith,amarriedcouple,astenants bytheentirety”.
ASANENTITY
Aregisteredentity,suchasacorporation,limitedliabilitycompanyorpartnership,mayholdtitle.Titleshouldbe heldexactlyasthenameisregisteredwiththeOregonSecretaryofState–e.g.“Smith&Jones,LLC,anOregon limitedliabilitycompany”.
DISCLAIMER–Theforegoingcontainsinformationalexamplesonlyandisnottobeconstruedaslegaladvice.Giventhecomplexitiesinvolvedinacquiringandholding legaltitletorealproperty,WFGstronglyrecommendsthatyouseeklegaladvicefromanattorneypriortodoingso.