Ch 3 Transfer of Title to Real Property Flashcards
The process of enlargement of riparian or littoral land by deposits of alluvium is known as:
accretion
In the event of a judicial foreclosure sale, the deed used to transfer title to the highest bidder is a:
Sheriff’s Deed
The transfer of real property must include:
a valid deed that has been delivered and accepted. A deed does not have to be recorded in order for the transfer to be effective.
A condensed list of all owners of record of a particular parcel of real property is known as:
abstract of title.
When a body of water gradually recedes, creating additional exposed land that becomes the real property of adjacent property owners, the process is referred to as:
reliction.
The property of a person who dies intestate and has no known heirs will:
escheat to the state.
A buyer of real property receiving a deed from the seller is also known as the:
grantee.
In order to convey title to real property, every deed must have a:
granting clause.
The power of the government to take private property for public use is called:
eminent domain.
A cloud on a title is most often removed by a:
Quit Claim Deed.
Which one of the following is NOT an essential element for a valid deed?
The deed includes the property tax history.
What are the requirements for a valid deed?
A valid deed must be in writing, identify the parties, be signed by the grantor, contain words of conveyance, have an adequate property description, and be delivered to and accepted by the grantee.
A standard coverage title policy insures against all of the following, EXCEPT:
an adverse possessor.
A person who dies without a will is said to have died:
intestate.
The government transfers title of government-owned lands to private owners by way of a:
Land Patent.