All Forum Posts by: Khalipa Oldjohn

Regarding the sales codes you've encountered, "QC" indeed stands for Quit Claim Deed, which transfers the seller's interest in the property without any warranty regarding the title's validity. The "OR" sales code is less standard and can vary depending on the jurisdiction or the entity reporting the transaction. However, "OR" typically doesn't refer to a type of deed or sale directly. Here are a few possibilities for "OR" in the context of property transactions, though the specific meaning may depend on the local property records or auction terms:

Owner's Representative: This could indicate a transaction or document was executed by the owner's representative, such as an attorney or agent.

Official Records: Sometimes "OR" might refer to the recording in official records, indicating the document or transaction has been recorded with the county or appropriate governmental body.

Order: In some contexts, "OR" could represent an order, possibly from a court, related to the property. This might involve a legal action affecting ownership or liens.

Given these possibilities, the most common interpretation in the context of property transactions might relate to recording or representation rather than a specific type of transaction like a Quit Claim Deed.

To determine if there are liens on the vacant lot you've won, consider the following steps:

Title Search: Conduct a comprehensive title search through a title company or a real estate attorney. This will reveal any existing liens, easements, or encumbrances on the property.

County Records: Review the property's history and any associated documents in the county's official records where the property is located. Many counties have online databases for public access.

Legal Consultation: Since deciphering legal documents and understanding the implications of various codes can be complex, consulting with a real estate attorney can provide clarity and guidance on how to proceed with clearing the title or addressing any discovered liens.