Casa 1 of 6 Flashcards

1
Q

A piece of paper that shows the evidence of a real property?

A

Deed

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2
Q

A right to keep a possession of property belonging to ANOTHER person until the debt is paid in full.

A

Lien

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3
Q

A piece of land plus any natural or artificial (man-made) improvements that are attached or have been added to this land?

A

Real Property

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4
Q

property that is movable?

A

Personal Property

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5
Q

is considered corporeal, or tangible?

A

Deed

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6
Q

An abstract (existing in thought) term denoting ownership of real property?

A

Title

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7
Q

considered incorporeal, or intangible?

A

Title

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8
Q

A transfer of ownership - voluntary or involuntary?

A

Alienation of Title

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9
Q

A deer had been running around a car race tracks crashes unto a port-a-potties that is singing and pink bra are coming out like notes. (W.C. - S.I.N.G - D.D.)

A

8 Requirements to make a deed valid?

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10
Q

What does W.C. Stands for (8 Requirement)?

A

Written, Consideration

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11
Q

What does S.I.N.G Stands for (8 Requirement)?

A

Signature, Intent, Names of the Parties, Grainting Clause

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12
Q

What does D.D. Stands for (8 Requirement)?

A

Description, Delivery

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13
Q

What does Grantor do?

A

Gives

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14
Q

What does Grantee do?

A

Receives

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15
Q

Foreclosure is an example of?

A

Alienation of Title

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16
Q

On the 8 Requirements to make a deed valid - Written means?

A

conveyance of an interest in real property must

be done in writing

17
Q

The legal process of transferring property from one owner to another.

A

Conveyance

18
Q

Must be adequate and actually it hides the real value of a property - “ten dollars and other good and valuable …”?

A

One of 8 Requirements to make a deed valid Consideration

19
Q

The Deed must have the GRANTOR signature

A

One of 8 Requirements to make a deed valid - Signature means?

20
Q

Desire that determines what the grantor was trying to do with this property

A

One of 8 Requirements to make a deed valid - Intent

21
Q

Both grantor and grantee names must be written on the Deed.

A

One of 8 Requirements to make a deed valid - Name of the parties

22
Q

Must have a something that says I transfer, I grant, I convey etc

A

One of 8 Requirements to make a deed valid - Granting Clause

23
Q

All documents involving real estate with legally acceptable… This would mean to have adequate to separate the parcel in question from every other parcel on the face of the earth.

A

One of 8 Requirements to make a deed valid - Description

24
Q

The Deed must be delivered to the grantee?

A

One of 8 Requirements to make a deed valid - Delivery

25
Q

There are three methods of delivering the Deed?

A

Actual, Constructive, and Third Party

26
Q

Grantor actually hands or sends the deed to the grantee (register mail).

A

Actual Delivery

27
Q

Having the Deed recorded on the

public records?

A

Constructive Delivery

28
Q

grantor authorizes a third party to hold the deed in escrow or trust until some designated time, such as when the grantor dies.

A

Third Party Delivery

29
Q

Non essential element of a Deed - H.A.R.D stands for?

A

Habendum Clause, Acknowledgment, Recording, Date

30
Q

If the grantor was selling all of his real property, except the mineral rights, he would note that exception on the?

A

Habendum Clause- Non-Essential Elements of a Deed

31
Q

Though a deed need not have a date to be valid, it is important and should not be neglected?

A

Date -Non-Essential Elements of a Deed

32
Q

Is probably the safest form of delivery and is highly recommended. In the event, a grantor wrongfully transferred the same property to two different parties, the one who recorded the deed first would be declared the owner.

A

Recording (constructive delivery) - Non-Essential Elements of a Deed

33
Q

It is the signature of the grantor that is being notarized or witnessed?

A

Acknowledged - Non-Essential Elements of a Deed

34
Q

A balloon has a typewriter inside floating and is lifting a deer that is throwing the ball to a Q.B. He tells the deer wait to help a geek guy do a squad and it one side he has a girl standing on the bar and in the other side there is a big piano. When the geek guy looks up he sees a fish with a gun aiming to kill a peacock.

A

9 types of Deed (Q.B. -G.S.G.P-F.G.P.)?

35
Q

In the 9 types of Deeds, what does Q.B means?

A

Quit Claim Deed, Bargain & Sales Deed

36
Q

In the 9 types of Deeds, what does G.S.GP means?

A

General Warranty Deed, Special Warranty, Grant Deed, Probate Deed

37
Q

In the 9 types of Deeds, what does F.G.P. means?

A

Foreclosure Deed, Gift Deed, Patent Deed.

38
Q

Deer butting their H.A.R.D hats mean?

A

Habendum Clause
Acknoledgment
Record
Date

39
Q

Deer butting their H.A.R.D hats mean?

A

Habendum Clause
Acknoledgment
Record
Date