10 Review Flashcards

1
Q

A deed in trust is used to

A

convey property to the trustee of a land trust.

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2
Q

What action might a property owner take to avoid adverse possession?

A

Periodically inspect the property within statutory deadlines and evicting any trespassers found.

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3
Q

How many sections make up a township?

A

36

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4
Q

How can a property owner avert the danger of losing title by adverse possession?

A

By inspecting the property and evicting any trespassers found

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5
Q

A deed in which the grantor guarantees the title against defects that come up only in the time period of his or her ownership is what type of deed?

A

Bargain and sale

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6
Q

A quitclaim is used to

A

clear title rather than convey it.

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7
Q

A deed of trust is used to

A

convey property to a third party trustee as collateral for a loan.

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8
Q

Which type of will is generally not valid for the transfer of real property?

A

Nuncupative

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9
Q

The gradual addition of land as a result of movement by streams or rivers is called

A

Accretion

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10
Q

A deed of conveyance occurs when

A

A living owner makes a private grant.

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11
Q

What instrument is used by an owner to voluntarily transfer title to real estate?

A

Deed

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12
Q

A property owner can gain real estate through the action of water depositing soil on a bank through what process?

A

Accretion

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13
Q

What is a range when legally describing parcels of real estate?

A

The north-south area between consecutive meridians

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14
Q

Color of title can best be described as

A

an instrument that purports to transfer ownership of property but does not due to some defect.

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15
Q

Which of the following would be used as a legal land description?

A

Metes and bounds

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16
Q

How many full acres would be included in 1/3 of a township section?

A

213 acres

17
Q

Which covenant of a full covenant and warrant deed assures the grantor owns the estate to be conveyed and has the right to do so?

A

Covenant of seizen

18
Q

Which type of deed pledges “I own and will defend against my acts only?”

A

Bargain and Sale Deeds with covenants

19
Q
A