Briefing Exam 5 Flashcards
- When a valid grant deed is prepared, title passes when:
a. acknowledged
b. delivered
c. signed
d. recorded
b. delivered
A deed must always be signed by the party or parties making the conveyance or grant of the premises, and it must be delivered to the party to whom the property rights are to be transferred. A deed is of no effect unless delivered.
- Which of the following represents one of the essentials of a Grant Deed?
a. Parties capable of receiving the grant
b. Offer and acceptance
c. Acknowledgement
d. Recordation
a. Parties capable of receiving the grant
There are several different essentials to a valid deed, namely:
- It must be in writing.
- The parties must be properly described.
- The parties must be competent to convey and be capable of receiving the grant.
- The property conveyed must be adequately described.
- There must be a granting clause, operative words or conveyance (“I hereby grant”).
- The deed must be signed by the party or parties making the conveyance or grant.
- Delivery and acceptance is required.
- To be recorded, a deed must have:
a. the signature of the grantee
b. a mention of consideration
c. a seal
d. an address where tax bills should be mailed
d. an address where tax bills should be mailed
To be recorded, a grant deed must have an address where tax bills should be mailed. A valid grant deed requires the signature of the grantor not the grantee.
- The recording of an instrument gives:
a. actual notice
b. constructive notice
c. positive notice
d. passive notice
b. constructive notice
Constructive notice is knowledge the law presumes a person has about a particular fact regardless of whether the person knows about the fact or not. Examples of constructive notice would include the proper recording of a deed in the public records or the physical possession of property by an owner or tenant.
- The most important element of proper and effective delivery of a deed is:
a. intent of the grantor
b. recording
c. acknowledgment of grantor’s signature
d. knowledge of its existence by grantee
a. intent of the grantor
The grantor must intend for a deed to be delivered, or the deed is not effective. Recording and acknowledgement are not required for the effectiveness of a deed.
- A deed has a provision regarding racial and religious discrimination. The deed may be changed:
a. if the restrictions are discriminatory or offensive
b. if the restrictions are pre-1978
c. if a title company agrees the wording is discriminatory or offensive
d. by court action
a. if the restrictions are discriminatory or offensive
Effective January, 2000, a county recorder, title insurance company, escrow company, or real estate licensee who provides a declaration, governing documents or deed to any person must provide a statement about the illegality of discriminatory restrictions and the right of the homeowners to have such language removed. The statement must be contained in either a cover page placed over the document or a stamp on the first page.
- A deed is presumed to be delivered when:
a. the seller handed the deed to the buyer, but the buyer did not record it
b. the escrow officer mailed the deed which had been acknowledged by the seller, but delivery was made after the seller died
c. the escrow company delivered the deed to the buyers prior to they buyer meeting all the terms of escrow
d. the deed was delivered to the grantee after the death of the grantor in accordance with instructions the grantor left with his attorney
a. the seller handed the deed to the buyer, but the buyer did not record it
A deed need not be recorded to be considered delivered. As long as it is given to the grantee and accepted, it will be considered delivered.
- A deed is recorded and indexed:
a. by location
b. by recording day and time
c. by grantor and grantee names alphabetically
d. all of these
c. by grantor and grantee names alphabetically
The County Recorders Office must keep an adequate index system by grantee and grantor names alphabetically.
- An exception in a grant deed:
a. makes the dedd invalid to future grantees
b. gives the grantee special privileges
c. has no effect on the property value
d. withdraws a portion of the property from the grant
d. withdraws a portion of the property from the grant
An exception in a grant deed means the grantor is holding back part of the estate being granted. This would withdraw part of the property from the grant and reduce the property or rights given to the grantee.
- A quitclaim deed conveys only the present right, title and interest of the:
a. grantor
b. servient tenement
c. grantee
d. property
a. grantor
The quitclaim deed transfers only whatever right, title and interest the grantor had in the property at the time of the execution of the deed and odes not pass to the grantee any title or interest subsequently acquired by the grantor (after acquired title).
- The doctrine of “first in time, first in right” refers to:
a. first right of refusal
b. recording rights
c. date and time one signs a contract
d. first right in judgment lien
b. recording rights
In California, lien priority (and, therefore, right to payment) is determined by the maxim “first in time, first in right.” Thus, liens that are recorded first have priority over later recorded liens. The recording statutes were enacted for the purpose of establishing priorities among claims upon property and to provide adequate means by which those with an interest in property may protect their rights. Moreover, a properly recorded lien serves as constructive notice of its contents to all subsequent purchasers and encumbrances.
- A valid deed must contain:
a. evidence of recordation
b. a date
c. a granting clause
d. the signature of the grantee
c. a granting clause
A valid deed must have a granting clause or some words to indicate that the grantor wishes to transfer the property to the grantee (“I hereby grant”).
- A recorded deed:
a. gives constructive notice
b. creates presumption of delivery
c. must have been acknowledged
d. all of these
d. all of these
Delivery presumes acknowledgement and gives constructive notice. Recording establishes presumption of delivery.
- A reservation in a deed:
a. cancels the deed
b. is a retention of an interest
c. prevents the transfer
d. guarantees the transfer
b. is a retention of an interest
A reservation in a deed is the creation, on behalf of the grantor, of a new right issuing from what was granted. A reservation thus is something that did not exist as an independent right before the conveyance. For example, Smith conveys to Jones a 10 acre parcel “reserving to Smith a life estate therein.”
- An exception in a grant deed:
a. cancels the deed
b. is identical to a reservation
c. excludes part of the property from the grant
d. prevents the transfer
c. excludes part of the property from the grant
An exception in a grant deed excludes some part of the property granted. The title to that withdrawn part remains in the grantor by virtue of the original title rights. For example, a conveyance by Grant Park to Bob Lee of a 10 acre parcel “exception of a strip of land 10 feet wide running along the northerly boundary” constitutes a legal exception.
- When using a grant deed, title transfers at the time of:
a. signing
b. acknowledgement
c. recording
d. delivery
d. delivery
Technically, delivery is the legal act of transferring ownership.
- Which of the following is NOT necessary to establish title by adverse possession?
a. possession open and notorious for five years
b. paying taxes for five years
c. use of the entire property
d. against the true wishes of the owner
c. use of the entire property
There are five requirements to acquire title by adverse possession.
- The possession must be by actual occupation and be open and notorious.
- It must be hostile to the true owner’s title.
- It must be under claim of right or color of title.
- Possession must be continuous and uninterrupted for a period of five years.
- Claimant must have paid all real property taxes levied and assessed for a period of five years continuously.
- The legal seizure of property for sidewalks by the government is referred to as:
a. zoning
b. escheat
c. eminent domain
d. lis pendens
c. eminent domain
Eminent domain is condemnation by government for public purposes. Just compensation must be paid. Condemnation is part of the government’s right of eminent domain.
- An interest in real property acquired by prescription is:
a. the right to use another’s land
b. a possessory title
c. an equitable interest
d. a private grant
a. the right to use another’s land
Adverse possession refers to land while prescription is a term usually applied to easements. We speak of title by adverse possession and easements by prescription. An easement by prescription creates a right to use someone else’s land.
- What usually happens to a person’s property who died intestate?
a. it escheats to the state
b. it is distributed to his/her heirs
c. it is distributed according to his/her will
d. none of the above
b. it is distributed to his/her heirs
Intestate means during without a will or leaving a defective will. The intestate decedent’s property passes to his or her heirs according to the laws of descent in the state where such real property is located.
- When a person dies intestate and no heirs claim his/her property, it reverts to the state by:
a. patent
b. escheat
c. deed
d. will
b. escheat
In cases where a decedent dies intestate and there are no heirs capable of inheriting, the property escheats to the state.
- A will written in the testator’s own handwriting is called a:
a. sealed will
b. gift certificate
c. nontransferable will
d. holographic will
d. holographic will
A holographic will is written, dated, and signed in the testator’s handwriting, but not witnessed.
- Holographic wills cannot be:
a. written with colored ink
b. signed with an “X”
c. written in anything other than ink
d. all of the above
b. signed with an “X”
Since a holographic will is handwritten, it is assumed that the person is capable of singing his/her full name.
- A will is said to be ambulatory because it can be:
a. changed
b. recorded
c. witnessed
d. transferred
a. changed
The legal definition of ambulatory is “not fixed;alterable.” A will takes effect only upon the testator’s death, and thus can be revoked or amended at any time during the testator’s life.