Deeds

Question 0

Claus that defines of limits the quality and quantity of estate being conveyed. (Only with less than free estate)

Answer 0

Habendum clause

Question 1

Words of conveyance in deed required to convey title to real property- ie: “transfer” “grants” or “releases”

Answer 1

Granting Clause

Question 2

Promise by the banter to either do something or to not do something in regard to the land

Answer 2

Covenant

Question 3

A qualification of the estate being granted.

Answer 3

Condition

Question 4

A deed __________ leaves out, withholds or excepts a part of the real property described on the deed.

Answer 4

Exception

Question 5

Reduces the rights conveyed by creating a new right in favor of the grantor. ie: keeping part of land for an easement .

Answer 5

Reservation

Question 6

Essential elements of a deed

Answer 6

1) be in writing
2) have words of conveyance
3) describe the property
4) identify the parties Of the deed
5) be signed by the grantor
6) have a legally competent grantor
7) be delivered

Question 7

Signing before a notary or other eligible official authorized to take acknowledgment of deeds that the conveyance is voluntary

Answer 7

Acknowledgment

Question 8

Provides the greatest protection for the grantee and creates greatest liability for grantor. Most desired by grantee.

Answer 8

Warranty Deed (general warrenty deed)

Question 9

This guarantees the grantor owns and possesses the property, has a fee simple absolute interest, has no conditions restricting the title and has the right to convey the title.

Answer 9

Covenant of Seizure

Question 10

This guarantees there are no tax liens, mortgages, assessments or other liens except as stated in the deed

Answer 10

Covenant against Encumbrances

Question 11

Provides the grantor will defend the title against all persons who lawfully claim the title.

Answer 11

Covenant of Warrenty

Question 12

This warrants that the grantor will perform any additional act or provide any document needed to provide the title promised.

Answer 12

Covenant of further assurance

Question 13

Warranty that the grantee will not be disturbed by a person with a lien or a better claim to the property.

Answer 13

Covenant of Quiet Enjoyment

Question 14

Limited Warraty- limit is the convent ts by the grantor.

Answer 14

Special Warranty Deed

Question 15

Deed states the grantor conveys the real property to the grantee. Provides no warranties.

Answer 15

Bargain & Sale Deed

Question 16

Creates lease protection of any deed for grantee and entails the least liability for grantor. Passes any interest the signer has but ties him to no warranty.

Answer 16

Quitclaim Deed

Question 17

Encumbrance, charge, or claim against property, which could make it legally impossible for the owner to convey marketable title.

Answer 17

Cloud on the Title

Question 18

Enables persons to the public notice concerning documents affecting the title to real estate.

Answer 18

Recording

Question 19

A purchaser who pays valuable consideration in good faith and has no notice is the existence if another persons claim to the title

Answer 19

Bona Fide Purchaser

Question 20

When a land owner provides the public with a means of obtaining knowledge of his rights in the land he is providing ___________.

Answer 20

Constructive Notice

Question 21

A person who has actual knowledge of a fact is said to have

Answer 21

Actual Notice

Question 22

Requires that a transfer of an interest in real property be evidence in writing

Answer 22

Statute of Frauds

Question 23

A deed from a minor is

Answer 23

Voidable

Question 24

A deed will not convey title until it is ____________ to the grantee and accepted.

Answer 24

Delivered

Question 25

The _________ of seized guarantees the grantor owns and pusses sea the property, has a fee simple absolute interest, has no conditions restricting the title and has the right to convey the title.

Answer 25

Covenant

Question 26

Also know a a limited warranty deed

Answer 26

Special warranty deed

Question 54

Effective delivery of a deed depends upon the

Answer 54

Intention of the grantor.

Question 55

Does a deed need to be recorded to be valid?

Answer 55

No, it’s valid between grantor and grantee.