Unit 4: Transfer of Title to Real Property

Question 1

An exact way pf describing real estate in a contract, deed, mortgage, or another document that will be accepted by a court of law is called?

A) A Survey
B) A Legal Description
C) an informal reference
D) Principal Meridian

Answer 1

An exact way pf describing real estate in a contract, deed, mortgage, or another document that will be accepted by a court of law is called?

Question 2

In a sales contract, which of the following is an acceptable legal description of property?

A) MLS number of the listed property
B) “ Johnson property on Maple Street”
C) Metes and bounds description
D) Lot Number

Answer 2

In a sales contract, which of the following is an acceptable legal description of property?

Question 3

A monument is used in which of the following types of legal description?

A) Lot and block
B) Metes and bounds
C) Rectangular survey
D) Government survey

Answer 3

A monument is used in which of the following types of legal description?

Question 4

In describing real estate, the system that uses  feet, degrees, and natural markers is the
A) Rectangular survey
B) metes-and-bounds description.
C) Government survey
D) lot and block system

Answer 4

In describing real estate, the system that uses feet, degrees, and natural markers is the

Question 5

If the property being transferred is residential property within an established subdivision, the most commonly used legal description would be 
A) Street address
B) Metes-and bounds description
C) reference to a recorded plat.
D) reference to a recorded deed

Answer 5

If the property being transferred is residential property within an established subdivision, the most commonly used legal description would be

Question 6

A street address would be adequate property description for a 
A) Short-term lease.
B) Sales contract.
C) Special Warranty  deed. 
D) Deed of Trust.

Answer 6

A street address would be adequate property description for a