Chapter 9: Title, Deeds & Ownership Restrictions (FITB) Flashcards
Title to real property is synonymous with ____.
ownership
The deed that provides the greatest protection to the grantee is the ____ ____ deed.
general warranty
The deed that is used to convey the property of a minor is the ____ deed.
guardian’s
Legal rights being conveyed are expressed in the ____ clause.
habendum
The quitclaim deed contains ____ warrants.
no
Title to real property passes to the grantee when the deed is ____ and ____.
delivered and accepted
Title by adverse possession may be obtained after ____ years.
seven
Recording a document in the public records provides ____ notice.
constructive
To be valid, a deed must be signed by the ____ and ____ witnesses.
grantor and two witnesses
Actual notice is provided by ____ ____.
physical possession
The ____ title policy is transferrable; the ____ is not.
mortgagee mortgagor
An abstract can be made more useful by obtaining an attorney’s written ____ ____ ____.
attorney’s title opinion
One of ____ methods may be used to cure a defect in title.
three
The four rights of government that limit private property right are ____, ____, ____ and ____.
police power, eminent domain, taxation and escheat
____, ____, and ____ are classified as superior liens.
real estate taxes, special assessments and federal estate taxes