Legal Aspects of Real Estate: Q8/Chp 18-20

Question 1

1) . A valid deed must:
a. be in writing and identify the grantor and the grantee.
b. contain a granting clause and describe the real estate involved.
c. be signed by the grantor and accepted by the grantee.
d. All of the above.

Answer 1

d. All of the above.

Question 2

2) An executed oral agreement for the transfer of real estate ownership will be enforced under the doctrine of:
a. specific performance.
b. estoppel.
c. Both a. and b.
d. None of the above.

Answer 2

c. Both a. and b.

Question 3

3) At the time of signing the deed, a capable grantor must:
a. possess their civil rights.
b. be of sound mind.
c. be an adult at least 18 years of age.
d. All of the above.

Answer 3

d. All of the above.

Question 4

4) A deed with a misnamed grantee is:
a. automatically void.
b. still a valid conveyance of the real estate.
c. unenforceable.
d. unlawful.

Answer 4

b. still a valid conveyance of the real estate.

Question 5

5) A(n) __________ may acquire title to California real estate.
a. individual
b. California limited liability company (LLC)
c. California corporation
d. All of the above.

Answer 5

d. All of the above.

Question 6

6) A __________ is used to pass an ownership interest in real estate from the grantor to another individual, with implied covenants against prior conveyances and undisclosed encumbrances.
a. grant deed
b. notice of nonresponsibility
c. lease agreement
d. warranty deed

Answer 6

a. grant deed

Question 7

7) A __________ is intended to convey whatever interest the grantor may hold in real estate, without warranty that any interest exists.
a. grant deed
b. quitclaim deed
c. guaranty agreement
d. public nuisance

Answer 7

b. quitclaim deed

Question 8

8) Implied covenants are for the personal benefit of the:
a. seller only.
b. buyer only.
c. all future owners of the property.
d. All of the above.

Answer 8

b. buyer only.

Question 9

9) For delivery of a deed to occur, the grantor must __________ and the grantee must __________.
a. intend to convey title; accept the deed as immediately effective
b. physically hand the deed to the grantee; record the deed with the county
c. place the deed in the mail; plan to accept the deed on certain conditions
d. intend to convey partial title; record the deed with the county

Answer 9

a. intend to convey title; accept the deed as immediately effective

Question 10

10) A __________ deed is unenforceable at all times and never conveys an interest in real estate.
a. void
b. voidable
c. grant
d. quitclaim

Answer 10

a. void