Chapter 9

Question 0

Ownership is provided by physical possession

Answer 0

Actual notice

Question 1

Recording document in the public records

Answer 1

Constructive notice

Question 2

The data provides the greatest protection to the grantee is the

Answer 2

General warranty deed

Question 3

The deed that is used to come face the property of a minor

Answer 3

Guardians deed

Question 4

Legal rights being conveyed are expressed in the

Answer 4

Hanbendum clause

Question 5

Protects owners against issues to the property, incorrect signatures on documents, forgery, fraud, restricted covenants, encumbrances or judgement

Answer 5

Title insurance

Question 6

the instrument often used to transfer ownership from the government to an individual

Answer 6

Patent deed (public grant)

Question 7

Transferring Conveying ownership from one party to another is called

Answer 7

alienation of title

Question 8

A legal principal under which an owner may lose title to another person who was taking control of the property

Answer 8

Adverse possession

Question 9

A legal principle on there which ownership to property may be lost because of the owners failure to provide public notice of ownership

Answer 9

Estoppel

Question 10

The transfer title to legal hairs upon the death of an individual who died without a will

Answer 10

Decent and distribution

Question 11

Premises clause

Answer 11

Known as a granting clause, is the only legally necessary clause required in the deed. Names parties, words of conveyance, consideration, and legal description.

Question 12

Used to reserve a right in the title, not the land, such as remainder estate

Answer 12

Reddendum clause

Question 13

Is essentially a claim of ownership by the grantor. Assures the grantee that the grantor owns and has legal rights to convey the property

Answer 13

Warrant of seisin

Question 14

Deed contains no warrant of any kind. The grantor does not promise to have rights in the property, interest is relinquished to the grantee. Is rarely used and day to day sales or transfer property.

Answer 14

Quitclaim deed

Question 15

Four rights of government that Limit private property are

Answer 15

Police power, eminent domain, taxation, escheat

Question 16

A notice the pending lawsuit against the property owner

Answer 16

Lis pendens

Question 17

Descent and distribution

Answer 17

Transfer of title to legal heirs upon death of an individual who died with no will.

Question 18

Escheat

Answer 18

Reversion of property to the state if someone does with no will or no heirs

Question 19

Assures the grantee that there are no encumbrances against the property other than disclosed in the deed. The grantor will be responsible for liens or claims not specified in the deed

Answer 19

Warrant against encumbrances

Question 20

The grantor grants, bargains and sells the property to the grantee. No promise to defend the title of problems arise later. Counts warrant of seisin.

Answer 20

Bargain and sale deed

Question 21

Is a type of bargain and sale deed. But offers protection to the grantee only for claims made by the grantor or others representing them.

Answer 21

Special warranty deed

Question 22

Is a type of bargain and sale deed. The grantor promises to defend the title against any and all claims.

Answer 22

General warranty deed

Question 23

Committees deed

Answer 23

Is used to convey the property of a mentally incompetent person

Question 24

Allows the government to restrict the use of land to protect the health, safety, and welfare of the citizens.

Answer 24

Police power

Question 25

The power that allows the government to levy taxes on private property. If an owner doesn’t pay taxes when due, it could foreclosed by the court

Answer 25

Taxation

Question 26

Easement by prescription

Answer 26

20 years or more of continuous and uninterrupted use of a portion of another persons property .

Question 27

Encroachment

Answer 27

Unauthorized physical intrusion onto someone else’s property.

Question 28

Is a financial claim against property by a creditor or unit of government used to secure the payment of a debt or other obligation owed by the property owner

Answer 28

Lien