Transferring Title

Question 1

Adverse possession

Answer 1

Acquisition of land through prolonged and unauthorized occupation

Question 2

Bargain and sale deed

Answer 2

A deed that contains no covenants but does imply that the grantor owns the property being conveyed

Question 3

Cloud on title

Answer 3

Any claims, lien, or encumbrance that impairs title to property

Question 4

Color of title

Answer 4

Some plausible but not completely clear-cut indication of ownership rights

Question 5

Consideration

Answer 5

Anything of value given to induce another to enter into a contract

Question 6

Covenant

Answer 6

A written agreement or promise

Question 7

Deed

Answer 7

A written document that when properly executed and delivered, conveys title to land

Question 8

Grantee

Answer 8

The person named in a deed who acquires ownership

Happ-eeee

Question 9

Grantor

Answer 9

The person named in a deed who conveys ownership

Question 10

Quitclaim deed

Answer 10

A legal instrument used to convey whatever title the grantor has; it contains no covenants, warranties, or implication of the grantor’s ownership

Question 11

Special warranty deed

Answer 11

Grantor warrants title only against defects occurring during the grantor’s ownership

Question 12

Warranty

Answer 12

An assurance or guarantee that something is true as stated