Deeds & Closing Flashcards

1
Q

To pass legal title from grantor to grantee, the deed must be…

A

lawfully executed and delivered.

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2
Q

Executing a valid deed requires:

A

(1) A writing signed by the grantor;
(2) An unambiguous desription of the land;
(3) Identification of the parties by name or description;
(4) Words of intent to transfer, such as “grant.”

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3
Q

HYPO: The deed recites that O conveys “all of O’s land,” or “all of O’s land in Essex County,” would these descriptions suffice?

A

Yes – with research “all” can be discerned.

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4
Q

If a deed is delivered with the name of the grantee left blank, the court…

A

presumes the person taking delivery has authority to fill in the name of the grantee.

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4
Q

If a deed is delivered with the land description left blank, the court will…

A

void the deed, unless the grantee was explicitly given authority to fill in the description.

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4
Q

A deed isn’t effective to transfer an interest in realty unless it has been…

A

delivered.

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5
Q

Delivery is presumed if:

A
  1. Grantee has possession of the deed;
  2. The deed has been handed to the grantee;
  3. The deed is acknowledged by the grantor in front of a notary; or
  4. The deed is recorded.
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6
Q

The legal standard for delivery is…

A

the grantor’s intent to pass title.

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7
Q

HYPO: As a surprise graduation gift, A’s Aunt Gertrude executes a deed conveying Blackacre to A. A responds, “I can’t accept such a lavish gift,” who does Blackacre belong to?

A

Aunt Gertrude – express rejection defeats delivery.

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8
Q

HYPO: O conveys a deed to Blackacre that is absolute on its face, but says to grantee, “Blackacre is yours only if you survive me.” What is the effect of the oral condition?

A

It is VOID, an oral condition drops out – the Grantee will take free of the condition.

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9
Q

A Quitclaim deed promises….

A

nothing, grantor isn’t even promising that he has title to convey.

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10
Q

A General Warrantee deed promises….

A

to warrant against all defects in title, including those attributable to the grantor’s predecessors.

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11
Q

A Special Warranty Deed promises…

A

to warrant against all defects in title, only on behalf of himself.

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12
Q

The three present covenants are….

A
  1. The covenant of seisin;
  2. The covenant of the right to convey;
  3. The covenant against encumbrances.
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13
Q

The three futue covenants are…

A
  1. The covenant of quiet enjoyment;
  2. The covenant of warranty; and
  3. The covenant for future assurances.
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14
Q

A future covenant is not breached until…

A

the grantee is disturbed in possession.

15
Q

A statuatory specialty warranty deed creates by implication two limited assurances against acts of the grantor, these are…

A
  1. That the grantor has not conveyed the same estate or any interest therein to anyone other than the grantee; and
  2. That the estate is free from encumbrances made by the grantor.
16
Q

How does one know when a statuatory special warranty deed is implicated?

A

When the deed is conveyed by use of the word “grant” in a conveyance without a designation of the type of deed.

17
Q

If there are successive conveuances by general warrantee deed and the last grantee is evicted by lawful claim of title, he may sue…

A

anyone up the line.

18
Q

In Virginia, a deed to a dead person is…

A

void, but the doctrine of equitable conversion will allow a deed to be made to the dead person’s estate.

19
Q

A void deed will be ….

A

set aside by the court, even if the property has passed to a bona fide purchaser.

20
Q

A voidable deed will be set aside only if…

A

the property has not passed to a bona fide purchaser.

21
Q

Void deeds include those that are…

A
  1. Forged;
  2. Never delivered;
  3. Issued to a nonexistent grantee; or
  4. Obtained by fraud in the factum.
22
Q

Voidable deeds include those…

A
  1. Executed by a minor or incapacitated person; and
  2. Those obtained through fraud in the inducement, duress, undue influence, mistake, and breach of fiduciary duties.