Unit 6

Question 1

The basic requirements for a bald conveyance are governed by
-State law
-Local Custom
-National Custom
-the law of descent

Answer 1

State law

Question 2

Every deed must be signed by
-the grantor
-the grantee
-the grantee and grantor
-the devisee

Answer 2

The grantor

Question 3

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 as conveyance would
Be
-Valid
-Void
-invalid
-Voidable

Answer 3

-Void

Question 4

A form authorizing one person to execute documents for another is called
-power of attorney
-a release deed
- a quit claim deed
-power to represent

Answer 4

-a power of attorney

Question 5

Party Y receives a deed from party X. The granting clause of the deed states “I hereby demise, release, alienate and convey to Y the following real property”. What type of deed has the Y received?
-A special warranty
-Quit Claim
-General Warranty
-bargain and sale

Answer 5

-Special Warranty

Question 6

The grantee receives greatest protection with what type of deed?

Answer 6

General warranty

Question 7

What type of deed implies but does not specifically warrant that the grantor holds good title to the property
-special warranty
Bargain and sale
Quit claim
Trust deed

Answer 7

Bargain & sale

Question 8

P signed a deed transferring ownership of P’s house to J. To provide evidence that P’a signature was genuine, P executed a declaration before a notary. This declaration is known as a
Affidavit
Acknowledgement
Affirmation
Estoppel

Answer 8

Acknowledgment

Question 9

Title to real estate may be transferred during a persons life time by
Devise
Descent
Involuntarily alienation
Escheat

Answer 9

Involuntary alienation

Question 10

A resident of Denver bought acreage in a distant county, never went to see the land and did not use the ground
An artist move a mobile home onto the land, had a water well drilled and lived there for 22 years
The artist may become the owner of the land if the artist is in compliance with the state law regarding ______

Answer 10

Adverse possession

Question 11

Eminent domain and escheat are two examples of
Voluntary alienation
Adverse possession
Transfers of title by descent
Involuntary alienation

Answer 11

Involuntary alienation

Question 12

A deed contains a promise that the title conveyed is good and a promise to obtain and deliver any documents necessary to endure good title. This deed contains an example of which covenant ?
Further assurances
Seisin
Quiet enjoyment
Warranty forever

Answer 12

Further assurances

Question 13

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?
Warranty forever
Further assurances
Quiet enjoyment
Seisin

Answer 13

Warranty forever

Question 14

A person who has died without a will died
Testate
In valid conveyance
Intestate
Under the acknowledgment clause

Answer 14

Intestate

Question 15

Title to real estate can be transferred upon death by what type of documents?
Warranty deed
Special warranty deed
Quit claim deed
Will

Answer 15

Will

Question 16

An owner of RE was declared legally incompetent and was committed to a state mental institution. While committed the owner wrote and extra will
The owner died while committed and was survived by a spouse and 3 kids
The RE will
Pass

Answer 16

According to the laws of descent

Question 17

Where does a probate proceeding involving Real property take place?

Answer 17

In both the county where the decedent resided and the county in which the property is located

Question 18

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
The acknowledgment clause
The restriction clause
The covenant of Seisin
The habendum clause

Answer 18

The habendum clause

Question 19

Generally, where does a probate proceeding involving real property take place ?

Answer 19

In both the county where the decedent resided and the county in which the property is located

Question 20

Title to real estate means

Answer 20

The right to or ownership of the land; it represents the owners bundle of legal rights. Title also serves as evidence of that ownership

Question 21

Voluntary alienation

Answer 21

The legal gem for the transfer of title during the property owner’s lifetime.

Question 22

A deed is

Answer 22

A document by which an owner of RE conveys the right,title or interest owned in the parcel of RE to someone else.

Question 23

A deed executed by a minor is

Answer 23

Voidable

Question 24

Habendum clause

Answer 24

Begins with the words to have and hold. It’s provisions must agree with those stated in the granting clause

Question 25

Granting clause

Answer 25

A deed must contain this or words of conveyance, that states the grantor’s intent to convey the property