Requirements for first page of instruments to be recorded
- • cover sheet
(1) When any instrument is presented to a county clerk for recording, the first page of the instrument shall contain at least:
(a) The names of the transactions as required in ORS 205.236 (Instrument describing two or more transactions);
(c) The person and address (for mailing purposes only) to whom the instrument will be delivered as provided in ORS 205.180 (Entry in appropriate record of instruments received for recording);
(d) For instruments conveying or contracting to convey fee title to any real estate and all memoranda of such instruments, the true and actual consideration paid for such transfer as required by ORS 93.030 (Contracts to convey, instruments of conveyance and related memoranda to state consideration);
(e) For instruments conveying or contracting to convey fee title to any real estate, the tax statement information required by ORS 93.260 (Tax statement information required in conveyancing instrument);
(f) For instruments recorded in the County Clerk Lien Record, the information described in ORS 205.125 (County Clerk Lien Record) (1)(c) and (e); and
(g) For instruments assigning a mortgage or trust deed, the name and address of the assignee mortgagee or assignee trust deed beneficiary.
(2) Notwithstanding ORS 205.327 (Penalty for presenting nonstandard instruments for recording), if an instrument presented for recording does not contain the information required by subsection (1) of this section, a cover sheet may be prepared that contains the required information. The cover sheet shall be prepared by the person presenting the instrument for recording. The cover sheet may be attached to the instrument and shall be recorded as a part of the instrument. Any errors in the cover sheet shall not affect the transactions contained in the instrument itself. The cover sheet need not be separately signed or acknowledged. [1991 c.230 §3; 1993 c.321 §4; 2007 c.345 §1]
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