ENGRADE Chapter 5 Flashcards
Title to real estate passes when a valid deed is
delivered and accepted
Title to real estate inherited from a person who died TESTATE is referred to as a
DEVISE
Which of the following is an essential element of a valid NC deed?
Words of Conveyance
When the Grantor does NOT wish to convey certain property rights
Exceptions may be noted in the deed of conveyance
A trespasser built a log cabin in a remote area of a national park and occupied the structure for more than 25 years. That person will never be able to claim the property under adverse possession statues because
The property was not privately owned
The seller conveyed a quit claim deed to the buyer. Upon receipt of the deed, the buyer may be certain that
any and all of the sellers interests in the property belong to the buyer
Which of the following statements about NC deeds is correct?
A general warranty deed is the best way for the buyer to receive title
Which is true regarding a special warranty deed?
The grantors warranties are limited to the time the grantor owned the property