ORS 114.547
Sales and transfers to third parties

(1)

Before the completion of the two-year period established in ORS 114.550 (Summary review of administration of estate), and in exchange for adequate consideration:

(a)

The affiant may transfer or sell any real property if each heir or devisee who would succeed to the interest conveyed joins in the conveyance.

(b)

The affiant may transfer or sell any personal property that is specifically devised to an individual devisee with the consent of the individual devisee.

(c)

The affiant may transfer or sell any personal property that is not specifically devised to an individual devisee without the consent of any other person.

(2)

Notwithstanding subsection (1) of this section, the affiant need not obtain participation or consent of any person if a transfer is required for purposes of abatement under ORS 116.133 (Distribution).

(3)

The proceeds of a sale under this section, net of the reasonable expenses of sale and any debt secured as of the date of the decedent’s death by a duly perfected lien on the property, become a part of the estate.

(4)

If the affiant transfers or sells any vehicle that is part of the estate under this section, the affiant shall comply with the requirements established by the Department of Transportation for such purposes under ORS 803.094 (Release or assignment of title interest).

(5)

If the affiant transfers or sells a manufactured structure as defined in ORS 446.561 (Definitions for ORS 446.566 to 446.646) under this section, the affiant shall assign the interest in the structure as provided in ORS 446.616 (Transfer of interest in manufactured structure).

(6)

Any transfer or conveyance under this section to a purchaser in good faith and for a valuable consideration transfers or conveys the interest stated in the transfer or conveyance free of any interest of the claiming successors, and the purchaser has no duty with respect to application of the consideration paid for the transfer or conveyance. [2019 c.165 §15]

Source: Section 114.547 — Sales and transfers to third parties, https://www.­oregonlegislature.­gov/bills_laws/ors/ors114.­html.

114.005
Occupancy of principal dwelling of decedent by spouse and children 114.015
Support of spouse and children 114.025
Petition for support and answer 114.035
Temporary support 114.045
Modification or termination of support 114.055
Nature of support 114.065
Limitations on support 114.075
Priority of support 114.085
Setting apart whole estate for support 114.205
No distinction between real and personal property 114.215
Devolution of and title to property 114.225
Possession and control of decedent’s estate 114.255
Commencement of duties and powers of personal representative 114.265
General duties of personal representative 114.275
Personal representative to proceed without court order 114.285
Naming or appointment of personal representative does not discharge claim 114.295
Discharge or devise in will of claim of testator 114.305
Transactions authorized for personal representative 114.315
Right to perfect lien or security interest 114.325
Power to sell, mortgage, lease and deal with property 114.333
Transfer of title and interest to real property by foreign personal representative 114.335
Court order for sale, mortgage or lease 114.345
Title conveyed free of claims of creditors 114.355
Sale or encumbrance to personal representative voidable 114.365
Validation of certain sales 114.375
Nonliability of transfer agents 114.385
Persons dealing with personal representative 114.395
Improper exercise of power 114.405
Personal liability of personal representative 114.415
Copersonal representatives 114.425
Discovery of property, writings and information 114.435
Power to avoid transfers 114.441
Definitions for ORS 114.441 to 114.462 114.444
Application 114.447
Court approval of settlement of personal injury claim or wrongful death claim 114.450
Deferral of requirements 114.453
Petition for appointment of personal representative 114.456
Information to beneficiaries and Department of Human Services and Oregon Health Authority 114.459
Waiver of requirements 114.462
Motion to close estate 114.505
Definitions for ORS 114.505 to 114.560 114.510
Value limitations for small estate 114.515
Small estate affidavit 114.517
Approval of attorneys filing affidavits for recipients of Medicaid or other public assistance 114.520
Authorization from State Treasurer required for filing of affidavit by creditor if decedent dies intestate and without heirs 114.525
Content of affidavit 114.535
Transfer of decedent’s property to affiant 114.537
Safe deposit boxes 114.540
Procedure for claims 114.542
Summary determination 114.545
Affiant as fiduciary 114.547
Sales and transfers to third parties 114.549
Liability of affiant 114.550
Summary review of administration of estate 114.552
Filing fees 114.555
Transfer of interest of decedent in property described in affidavit 114.560
Exclusive remedy 114.600
Elective share generally 114.605
Amount of elective share 114.610
Manner of making election 114.615
Payment of elective share 114.620
Waiver of right to elect and other rights 114.625
Who may exercise right of election 114.630
Augmented estate 114.635
Exclusions from augmented estate 114.650
Decedent’s probate estate 114.660
Decedent’s nonprobate estate 114.665
Decedent’s nonprobate estate 114.675
Surviving spouse’s estate 114.685
Decedent’s probate transfers to surviving spouse 114.690
Decedent’s nonprobate transfers to surviving spouse 114.700
Priority of sources from which elective share payable 114.705
Liability of recipients of decedent’s nonprobate estate 114.710
Protective order 114.720
Proceedings to claim elective share 114.725
Effect of separation
Green check means up to date. Up to date

Current through early 2024

§ 114.547’s source at oregon​.gov