Transfer of Title - Ch 6 Flashcards
The basic requirements for a valid conveyance are governed by ______.
A. state law.
B. local custom.
C. national law.
D. the law of descent.
A. state law.
Every deed must be signed by
A. the grantor.
B. the grantee.
C. the grantor and grantee.
D. the devisee.
a. grantor
What form authorizes one person to execute documents for another called?
A. a power of attorney.
B. a release deed.
C. a quitclaim deed.
D. a power to represent.
a. power of attorney
A 15-year-old recently inherited a parcel of real estate and has decided to sell it. If the 15-year-old executes a deed conveying the property to a purchaser, such a conveyance would be _____.
A. valid.
B. void.
C. invalid.
D. voidable.
d. voidable
The grantee receives greatest protection with what type of deed?
A. Quitclaim
B. General warranty
C. Bargain and sale with covenant
D. Executor’s
b. general warranty
Bill receives a deed from John. The granting clause of the deed states, “I hereby remise, release, alienate, and convey to John the following real property.” What type of deed has John received?
A. Special warranty
B. Quitclaim
C. General warranty
D. Bargain and sale
a. special warranty
Under the covenant of quiet enjoyment, a grantor ______.
A. promises to obtain and deliver any instrument needed to make the title good.
B. warrants that the property is free from liens and encumbrances.
C. warrants that he or she is the owner and has the right to convey title to the property.
D. ensures that the title will be good against the
title claims of third parties.
D. ensures that the title will be good against the
title claims of third parties.
Which type of deed merely implies but does NOT specifically warrant that the grantor holds good title to the property?
A. Special warranty
B. Bargain and sale
C. Quitclaim
D. Trust deed
b. bargain & sale
At which of the following steps did title to the house actually transfer or pass to B?
Step 1: A decided to convey a house to B.
Step 2: A signed a deed transferring title to B.
Step 3: A gave the signed deed to B, who accepted it.
Step 3: A gave the signed deed to B, who accept it.
Step 4: B took the deed to the county recorder’s office & had it recorded.
A. Step 1
B. Step 2
C. Step 3
D. Step 4
c. step 3`
P signed a deed transferring ownership of P’s house to Q. To provide evidence that P’s signature was genuine, P executed a declaration before a notary. This declaration is known as:
A. an affidavit.
B. an acknowledgment.
C. an affirmation.
D. an estoppel.
b. acknowledgement
Title to real estate may be transferred during a person’s lifetime by _____.
A. devise.
B. descent.
C. involuntary alienation.
D. escheat.
c. involuntary alienation
A resident of Denver bought acreage in a distant county, never went to see the acreage, and did not use the ground. An artist moved a mobile home onto the land, had a water well drilled, and lived there for 22 years. how could the artist become the owner of the land if the artist is in compliance with the state law regarding?
A. requirements for a valid conveyance.
B. adverse possession.
C. avulsion.
D. voluntary alienation.
B. adverse possession.
Eminent domain and escheat are two examples of:
A. voluntary alienation.
B. adverse possession.
C. transfers of title by descent.
D. involuntary alienation.
D. involuntary alienation.
A deed contains a promise that the title conveyed is good and a promise to obtain and deliver any documents necessary to ensure good title. This deed contains an example of which covenant?
A. Further assurances
B.Seisin
C. Quiet enjoyment
D. Warranty forever
a. further assurances
A deed contains a guarantee that the grantor will compensate the grantee for any loss resulting from the title’s failure in the future. This is an example of which covenant?
A. Warranty forever
B. Further assurance
C. Quiet enjoyment
D. Seisin
a. warranty forever
A person who has died without a will has died ______
A. testate.
B. in valid conveyance.
C. intestate.
D. under the acknowledgment clause.
C. intestate.
Title to real estate can be transferred upon death by what type of document?
A. Warranty deed
B. Special warranty deed
C. Quitclaim deed
D. Will
d. will
An owner of real estate was declared legally incompetent and was committed to a state mental institution. While institutionalized, the owner wrote and executed a will. The owner died while still institutionalized and was survived by a spouse and three children. How will his real estate pass?
A. to the owner’s spouse.
B. to the heirs mentioned in the owner’s will.
C. according to the state laws of descent.
D. to the state.
c. according to state laws of descent
Generally, where does a probate proceeding involving real property take place?
A. Only in the county in which the property is located
B. Only in the county in which the decedent resided
C. In both the county where the decedent resided and the county in which the property is located
D. In the county in which the executor or the beneficiary resides
C. In both the county where the decedent resided and the county in which the property is located
A deed states that the grantors are conveying all their rights and interests to the grantees to have and to hold. This is communicated in
A. the acknowledgment clause.
B. the restriction clause.
C. the covenant of seisin.
D. the habendum clause.
D. the habendum clause.
T/F
A deed does not guarantee or prove ownership of real estate.
true
T/F
A deed must be recorded in order for a title to transfer ownership to the grantee.
False.
A deed does not have to be recorded in order for a title to transfer.
When does the title transfer from the grantor to the grantee?
with the grantee’s acceptance
