TITLE TRANSFER 1

Question 1

IF A DEED IS IN POSSESSION OF THE GRANTEE, IT IS PRESUMED TO BE

Answer 1

DELIVERED

Question 2

IF a deed is recorded, it is presumed to be

Answer 2

delivered and accepted

Question 3

All of the following are required in a valid deed :
Signature of grantor
Name of grantee
Consideration EXCEPT

Answer 3

THE DATE IS NOT REQUIRED IN A VALID DEED.

Question 4

ALL OF THE FOLLOWING ARE REQUIRED IN A VALID DEED :
COMPETENT PARTIES.
WORDS OF CONVEYANCE.
A PROPERTY DESCRIPTION.
EXCEPT:

Answer 4

THE GRANTEE’S SIGNATURE. IT IS NOT REQUIRED FOR A DEED TO BE VALID

Question 5

A valid deed must. name …..

Answer 5

THE GRANTOR AND THE GRANTEE

Question 6

IF A DEED IS IN THE POSSESSION OF THE GRANTEE, IT IS PRESUMED TO BE

Answer 6

DELIVERED

Question 7

Warranties in a deed affect the

Answer 7

certain that the title is sound

Question 8

THE deed covenant which warrants that grantee’s ownership will not be challenged by the claims of others is called

Answer 8

the covenant of quiet enjoyment

Question 9

The type of deed which warrants only against encumbrances by the grantor is the

Answer 9

Special Warranty deed

Question 10

The deed often used by an agent of a principal, such as a trustee or executor of a will is the

Answer 10

special warranty

Question 11

The type of deed which contains an IMPLIED interest in the property but NO warranty as to the STATUS OF THE TITLE

Answer 11

Bargain and sale deed.

Question 12

The type of deed which contains NO WARRANTY as to TITLE is the

Answer 12

quit claim deed

Question 13

A quitclaim deed can be used to convey

Answer 13

ANY INTEREST IN REAL PROPERTY

Question 14

DIFFERENT TYPES OF ESTATES CONVEY DIFFERENT AMOUNTS OF

Answer 14

TITLE

Question 15

A DEED WHICH IS ACKNOWLEDGED BUT NOT RECORDED IS

Answer 15

VALID

Question 16

A TAX THAT IS SOMETIMES PAID WHEN A DEED IS RECORDED IS KNOWN AS A

Answer 16

TRANSFER TAX