Ownership Flashcards

1
Q

Essential elements of a deal

A

Must be in writing words of conveyance description of property in competent parties grantee must be definite property can we conveyed to a real person signed and delivered and reporting a deed is not required for you to be very recording is recommended because it protects the rights of the grantee

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2
Q

Deed

A

A written document that when the property excited and delivered conveys tittle to land from the grantor to the grantee. This document is used only once and cannot be indoors or I think the praying my purpose of the D is to provide evidence of a change in title or transfer of interest in real property

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3
Q

Recording gives

A

Constructive notice of the contents of the documents

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4
Q

Actual notice

A

When a person knows of the existence of a fact this might be that an individual knows that there is someone in possession of a property who holds an unrecorded lien

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5
Q

Constructive notice

A

It’s given by recording of a deed or taking possession of the property

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6
Q

Priority of valid deed

A

Is determined by the owner who recorded the first valid deed unless that individual had either actual or constructive notice of the rights of others prior to recording the deed

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7
Q

A deed that is signed and delivered but not recorded is valid

A

Between the parties involved but invalid as to subsequent recorded interest without notice

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8
Q

In Inglewood your home old and unlikeliest plate claim deed and who’s does not occupy the property is in a weak position

A

And someone else makes claim to the property

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9
Q

Quitclaim deed

A

Gives any interest in the property which the grantor presently has

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