Ch. 4 HW (Transfer) Flashcards

1
Q

Priority of interest in real estate is usually determined by:

A

date of recordation

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2
Q

T/F

A deed conveys a future interest in real estate if so specified by he grantee.

A

False

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3
Q

The covenant in which a grantor promises that the owner owns the property and has the right to convey title to it is the:

A

covenant of seizin.

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4
Q

When performing a title examination, the attorney locates the book and page number where a particular deed is recorded by looking in an alphabetical listing. The subject property is located in a county that uses an index system of recording called:

A

grantor-grantee index.

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5
Q

Title to real property is conveyed by deed when:

A

delivered and accepted.

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6
Q

Carmela bought an owner’s policy of title insurance for her new home at a closing that took place in June of 2000. A year later a title dispute arose that concerned a claim that the grantor’s signature on a deed signed in 1991, was a forgery. Does Carmela’s policy cover her?

A

Yes, because this type of problem is not an exception to a typical owner’s policy.

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7
Q

If a grantor conveys title to a farm but retains a one acre tract in the northwest corner, the deed would contain:

A

an exception.

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8
Q

Murphy owns a sixty-five acre tract of land bordering the Flint River. As a result of a gradual accumulation of soil along the river bank, Murphy acquired an additional ten feet of property. Title to the additional land was acquired through the process of:

A

Your Answer: C. accession.

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9
Q

If a person dies intestate leaving real property as part of his/her estate, the decedent’s heirs will acquire title according to:

A

the laws of descent and distribution.

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10
Q

A title defect might be removed by:

Your Answer: A. an action to quiet title.

A

an action to quiet title.

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11
Q

The claim of a person trying to prove the title by adverse possession might be strengthened by:

A

tacking.
paying the property taxes.
color of title.

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12
Q

Scott sells his home to Zachary who immediately takes possession but does not record the deed. Three days later Scott sells to Martin who records his deed. The rightful owner is:

A

Zachary.

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13
Q

An amendment or a modification to a will can be affected by:

A

a codicil.

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14
Q

what is required required for a valid and enforceable conveyance of title by deed?

A

A written document.
Legal capacity of grantor.
Granting clause.

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15
Q

A reservation in a deed may be used to create

A

an easement.

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16
Q

Actual notice results from….

A

Knowledge learned by inspecting the public records.

17
Q

A break or gap in the chain of title results if…

A

a previous grantee failed to record the deed.

18
Q

With respect to a decendent’s property, the probate court has the responsibility of:

A

establishing rightful heirs

19
Q

The purpose of an acknowledgement is to:

A

prevent forgery of recordable documents.

20
Q

When a Corporate officer signs a deed it should also have a:

A

seal.