Chapter 3 Flashcards

1
Q

Accretion

A

the gradual addition of land by natural causes, such as shoreline movements

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2
Q

Acknowledgment

A

a formal declaration made before a notary public by a person signing a document. This presents fraudulent and forged documents, such as a deed

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3
Q

Adverse possession

A

acquiring title to land because of a long-term, open, and notorious use of the land. Th legal process is called prescription. The required time period in Arizona is 10 years.

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4
Q

Alienation

A

the transfer of ownership or an interest in property from one person to another, by any means

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5
Q

Bequeath

A

to leave or transfer property to someone else via a will

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6
Q

Codicil

A

an addition to a will that does not revoke the entire will

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7
Q

Constructive Notice

A

notice given by publication in a newspaper, recording, or other method

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8
Q

Decedent

A

a person who has died

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9
Q

Deed

A

a written instrument transferring the grantor’s ownership of, or interest in, real property

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10
Q

Devise

A
  1. real property transferred in a will, 2. to transfer real property by will
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11
Q

Erosion

A

a gradual loss of soil due to natural causes, such as the movement of wind or water

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12
Q

Grantee

A

a person receiving a grant of real property from the grantor

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13
Q

Grantor

A

a person transferring title to real property

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14
Q

Habendum Clause

A

a clause in a deed that describes the type of estate granted, known as the “to have and to hold” clause

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15
Q

Intestate

A

a person who dies without making a will, causing his or her estate to pass on by the laws of descent and distribution

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16
Q

Legacy

A

the disposition of money or property by a will

17
Q

Nuncupative Will

A

an oral will made on a person’s deathbed; can only transfer personal property, not real property. Not legal in Arizona.

18
Q

Probate

A

the legal process of determine the validity of a will, paying the debts of the deceased, and distributing the remaining assets

19
Q

Quitclaim Deed

A

a deed that grants any interest in property that the grantor may have

20
Q

Testate

A

someone who has died and left a will

21
Q

Testator

A

someone who made a will or given a legacy

22
Q

Title

A

the right to or ownership of land

23
Q

Warranty Deed

A

a deed in which the grantor fully warrants good and clear title to the property and agrees to defend the premises against the lawful claims of third parties. also called general warranty deed

24
Q

Will

A

a person’s legally binding instructions regarding how his or her estate should be disposed of after he or she dies. also called testament