Chapter 9 - Quiz Flashcards
Which part of the deed confirms the “to have and to hold” nature of the document?
The Habendum Clause
The Granting Clause
The Grandfather Clause
The Contingency Clause
The Habendum Clause
is the clause in a deed that describes the extent of the estate of the grantee.
If a person dies intestate how will his property be passed?
By Descent and Distribution
By auction
By Assemblage
By Nolo Contendere
By Descent and Distribution
Which deed provides the greatest protection for the buyer?
General Warranty Deed
Seisin
Quit Claim Deed
Special Warranty Deed
General Warranty Deed
What would terminate an Easement?
Merging the dominant and servient properties
Sale of the Servient property
Sale of the Dominant Property
Easements cannot be terminated
Merging the dominant and servient properties
Which department is mainly responsible for managing the funding and management plan for the restoration of the Everglades?
The Florida Department of Environmental Protection
DBPR
The Florida Uniform Land Sales Practices Law
Central Everglades Planning Project
The Florida Department of Environmental Protection
What is an Abstract of Title?
An Instrument that records the history of the property
A legal description
A Chain of Title
A Cloud on the Title
An Instrument that records the history of the property
An Abstract of Title uses information from the chain of title to record a history of the property.
Who can acquire property through Eminent Domain?
Government Entities
Investors
Corporations Sole
Anyone through a Tax Sale
Government Entities
Eminent Domain is the right of the government to take private property for public good.
What type of lien is a Mechanic’s Lien?
Statutory
Voluntary
Equitable
General
A Mechanic’s Lien is a
Statutory Lien based on state local and federal written law and cannot be automatically discharged through bankruptcy.
What is a Deed NOT required to have?
Date
Premises
Habendum
Testimonium
Date
Although frequently included the date is not required since legal transfer takes place when a Deed is accepted by the grantee.
Who does the Mortgagee’s title police protect?
The Lender
The Seller
The Buyer
The Broker
The Lender