Property II

Question 0

Statute of Frauds

Answer 0

Any lease for over a year must be in writing for it to be enforceable. All sales must also be written

Question 1

For a land sale to be enforceable

Answer 1

(1) all parties must sign; (2) there must be a specific description of the property; (3) must state a price

Question 2

Three Types of Deeds

Answer 2

General Warranty Deed, Special Warranty Deed, and Quitclaim Deed

Question 3

General Warranty Deed

Answer 3

Warrants title against all defects in the title, whether they arose before or after the grantor took title.

Question 4

Special Warranty Deed

Answer 4

Contains warranties only against the grantor’ sown acts but not the acts of others

Question 5

Quitclaim Deed

Answer 5

Contains no warranties of any kind