Chp. 10 Quiz - Deeds Flashcards
What instrument is used by an owner to voluntarily transfer title to real estate?
Deed
If a person having several heirs dies intestate, what will happen to the property?
The estate passes to lawful heirs according to the state’s laws of descent and distribution, or succession.
Which of the following would NOT be used as a legal land description?
Parcel method
The special warranty covenant “I may or may not own, and I won’t defend” is part of which type of deed?
A quitclaim deed
Which type of deed pledges “I own and will defend against my acts only?”
Bargain and Sale Deeds with covenants
The gradual addition of land as a result of movement by streams or rivers is called
Accretion
Which of the following is NOT a method of determining legal description?
Property inspection
Transfer of title to real estate is called
Alienation.
Which of the following would be used as a legal land description?
Metes and bounds
An owner transfers title to a property to a buyer in exchange for a consideration. This is an example of what?
Voluntary alienation
How can a property owner avert the danger of losing title by adverse possession?
By inspecting the property and evicting any trespassers found
What is the type of statutory deed that contains the most complete protection for the grantee?
Full covenant and warranty deed
For a deed to convey title, it is necessary for the deed to be what?
Accepted by the grantee
Which type of deed pledges “I own, but won’t defend?”
Bargain and Sale Deeds without covenants
When legally describing a parcel of real estate, what are landmarks called?
Bounds
A bargain and sale deed with covenants has which of the following special warranty covenants?
I own and will defend against my acts only.
How many full acres would be included in 1/3 of a township section?
213 acres
Which part of a deed is actually the act of conveyance?
Granting clause
A deed in trust is used to
convey property to the trustee of a land trust.
