Types of deeds Flashcards

1
Q

A deed that conveys ownership from the grantor to the grantee without any expressions of warranty. Often used in a legal proceeding

A

Bargain and sale deed - also called grant deed

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2
Q

In Arizona, a deed that is used to transfer a title of real property to a beneficiary upon the death of the property owner to avoid the cost and delay of probate

A

Beneficiary deed

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3
Q

A written instrument transferring the grantors ownership of, or interest in, real property

A

Deed

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4
Q

A denial of a spouses interest in real property; signed only on or before the time of purchase

A

Disclaimer deed

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5
Q

A person receiving a grant of real property from the grantor

A

Grantee

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6
Q

A person transferring title to real property

A

Grantor

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7
Q

A deed from the government (sovereign power) to a private individual

A

Patent deed – also called land Patent

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8
Q

A deed that grants any interest in property that the grantor may have

A

Quit claim deed

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9
Q

A deed by which the grantor covenants or guarantees the title from the time the grantor received it until it is conveyed to the grantee

A

Special warranty deed – also called limited warranty deed

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10
Q

A deed in which the grantor fully warrants good and clear title to the property and agrees to defend the premises against the law for claims of third parties

A

Warranty deed – also called general warranty deed

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