Chapter 17: Deeds

Question 1

FILL IN THE BLANKS. To effect a valid transfer of property, the deed must be __________ and __________.

Answer 1

delivered, accepted

Question 2

The grantee is generally presumed to have accepted the deed, provided the transfer is…..?

Answer 2

for value

Question 3

True or False?
The grantor or his agent must physically deliver the deed to the grantee.

Answer 3

False. physical transfer of a deed is not required.

Question 4

Which of the following statements is NOT a requirement for a valid deed?
a. It identifies both the grantor and grantee.
b. It is signed by the grantor.
c. It includes a legal description of the property.
d. It includes a granting clause.

Answer 4

c. It includes a legal description of the property.

Question 5

True or False?
Recording a deed is required for a deed to be valid.

Answer 5

False. Recording the deed puts the world on notice