Pg 52 Flashcards
If there are multiple deeds made out by a grantor, which one controls?
He first one
If a clerical error was made in the drafting of a deed, what happens?
The court will find a way to rectify it if it is clear
What is involved in the delivery/acceptance of a deed?
A deed is only effective when it is delivered.
If a deed is not delivered, what happens to title?
It does not pass
There has been a failure of delivery or acceptance of a deed, what happens to the deed?
That voids it
What is required to meet the delivery element for a deed?
This is a state of mind that exists if the grantor presently intends the property to transfer to the grantee, even if possession is postponed
What are the different types of delivery of a deed?
Manual, notarized acknowledgement by the grantor, recording/anything that shows the grantor’s intent to deliver
If a grantor gives the deed to a grantee, what does that say about delivery?
There is a rebuttable presumption of delivery, unless the grantor did not intend present delivery
If a grantor attempts to orally insert a condition for delivery of a deed at the time of delivery, how does that work?
The conveyance was the document of the deed that had no conditions, so trying to orally insert them at the time of delivery makes the conditions not valid. If conditions exist, they must be spelled out in the conveyance
If you say to someone, “I’m giving this property to you if you graduate school” and hand them the deed which has no conditions in it, is the condition of graduating from school valid?
No because it was not spelled out in the conveyance
If a grantor keeps the deed, what is the presumption?
There’s a rebuttable presumption of no delivery
If a grantor gives the deed to a third person, what does that say about whether the deed is valid?
If it is given to an escrow agent with instructions to transfer upon his death, there must be present intent to transfer at the time he gave the deed to the agent and unconditional instructions that constitute a delivery. He cannot say, “unless you hear from me to the contrary.“
If there’s no intent to make a present transfer, it doesn’t account. If so, giving the deed to the third-party is delivery to the grantee
What is the definition of delivery in relation to a deed?
An act that the grantor demonstrates that the deed is to be presently operative with intent to do so. This usually means giving a signed deed to someone else that results in an irrevocable transfer of title, which still counts even if possession is postponed.
There must be actual or constructive delivery without exclusive control or recall.
When is the transfer of a deed considered to be effective?
When there has been delivery and acceptance
If a grantor wants to dispose of his property in a way that will be effective on his death, and executes the deed, but does not make a manual delivery to the grantee, and instead keeps it locked in a safe, and the grantee perhaps doesn’t even know about it, but then gets the deed after the grantor dies, what has happened here?
The grantor was really trying to use the deed as a will. This is actually a testamentary transfer that should be probated and so the condition of death is disregarded