Chapter 2 Flashcards
what differentiates an estate for years from an estate from period to period Is that an estate for years
is for a fixed period f time
what type of ownership has definite rights of survivorship
joint tenancy
a written instrument that conveys and evidences title is called a
deed
a person who makes a will is the
testator
If a married person dies testate and leaves all community property The Descendants interest passes to the
whoever is named in the will
most attorney stressed that the best will is a properly drafted
witnessed will
the sudden tearing away of land along a river with the redeposit of the land on the other side of the river Downstream is called
avulsion
when possession of land includes open in Notorious use for five years, hostile to the owner’s wishes, and payment of property taxes, this best describes
adverse possession
the passing of title to the state because of the lack of heirs
escheat
a type of deed with no warranties frequently used to remove clouds from title is known as
quitclaim deed
which of the following is not required for a deed to be valid
date
Chang Deeds to Lopez and lopez takes possession but does not record the deed. Chang then tells his friend Jones about the deed to Lopez. Chang’s and deeds the same property to Jones who recorded the deed. Based on this information title probably vests in
Lopez
with a life estate, the ownership interest is limited to the
life of any designated person or persons
a woman cannot receive title to real property by
escheat
grantor C conveys a large house and land to his daughter and son-in-law to be there as long as they are married. One year later they are divorced. What happened to the property
it reverts back to grantor C
before a deed is recorded it must be acknowledged by
a notary public
what distinguishes a will from other types of Property Transfers
it only becomes effective at death
there are implied warranties made by the grantor in a grant deed. One of the following is not implied
the grantor holds a certificate of title to the property
a deed need not be recorded in order to be valid, but must be delivered. Effective delivery depends on
intention of the grantor
the recording of a deed gives
constructive notice
real estate law states that in order to be valid a deed must contain
a granting clause
what type of ownership has definite rights of survivorship
joint tenancy
which of the following is a document conveying title with no warranties, expressed or implied
quitclaim deed
which of the following statements is false
a trust deed is an instrument used to transfer personal property
the right to use a property for a specific period of time describes a
less than Freehold estate
If a married person with two children dies intestate and leaves community property, The Descendant interest passes to the
surviving spouse
property acquired by a husband and wife during marriage and is split 50/50 is called
community property
which of the following statements is false
a trust deed is an instrument used to transfer personal property
according to the laws of California which of the following documents must be recorded to be valid
none of the above
when a gift deed is used to transfer title to real property the deed may be set aside or voided by
certain creditors of the grantor
