CH3 Definitions Ownership Transfer, And Description Of Real Property And Accompanying Rights

Question 1

Compilation of all title owners

Answer 1

Chain of title/record

Question 2

exclusive land grant made by a sovereign entity with respect to a particular tract of land. Land title acquired from the controlling government in the form of a quitclaim deed.

Answer 2

Patent

Question 3

Delivery of possession through a ceremony like livery of seisin

Answer 3

Feoffment

Question 4

Conveyance of reality whereby title to or an interest in real property is transferred from one party to another.

Answer 4

Deed

Question 5

Previous to the execution of conveyance, the grantor had not conveyed the same estate to another, and that the estate is free of encumbrances

Answer 5

Grant deed

Question 6

A release, the grantor merely passes to the grantee whatever title, right or interest he or she may have had at the moment of signing the conveyance

Answer 6

Quitclaim deed

Question 7

The grantor assures the grantee that he or she has good title and can be held liable for deficiencies that are not declared.

Answer 7

Warranty deed

Question 8

Grants to another the right of a particular use of a property

Answer 8

Easement deed

Question 9

Charge, security, or encumbrance on a property to secure a debt

Answer 9

Lien

Question 10

Legal title + Equitable Title

Answer 10

Perfect Title

Question 11

First party deeds the land to a trustee, who holds the deed in trust for the third party under the condition that the third perform their obligations.

Answer 11

Deed of Trust

Question 12

contractual arrangement in which a third party receives and disburses documents for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties.

Answer 12

Escrow

Question 13

A collection and chronological summary of any instruments or documents of record affecting rights in a property.

Answer 13

Abstract

Question 14

Any position or element from which angular measurements are determined.

Answer 14

Reference datum

Question 15

Special boundary lines that may be created by people or by nature and identified by elevation.

Answer 15

Contour boundaries

Question 16

Datum determined at a given location by the average of the hourly tide readings over an 18.6 year period.

Answer 16

Mean sea level datum

Question 17

Limited land adjustment act for the relief of persons who had built improvements on National Forest System land because of title error in a survey by private or government survey.

Answer 17

Small Tracts Act

Question 18

Relief to landowners who were adjacent to lands under the administration of the secretary of agriculture. If the lands (other than lands obtained by exchange) are lacking in title or color of title, they can be reconveyed.

Answer 18

Public Law 120

Question 19

Laws enacted by state legislatures

Answer 19

Statutes

Question 20

Beginning of description

Answer 20

Point of commencement

Question 21

Beginning point of a parcel description in metes and bounds

Answer 21

Point of beginning

Question 22

Lines run with the anticipation of becoming a newly created boundary

Answer 22

Provisional line

Question 23

Monument referred to in a conveyance description and is often interpreted to mean a call for an adjoined or abuttal property

Answer 23

Record monument or legal monument

Question 24

The angle measured clockwise from the meridian (north or south line) to the line being described.

Answer 24

Azimuth

Question 25

Monument referred to in a conveyance description and is often interpreted to mean a call for an adjoined or abuttal property

Answer 25

Record monument or legal monument