Unit quiz 7 Flashcards
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 4: B took the deed to the county recorder’s office and had it recorded.
At which step did title to the house actually transfer or pass to B?
Step 3
Title in this case was transferred upon delivery and acceptance of the deed. At that moment, the deed was binding between the parties. The purchaser, when later recording the deed, was then also protected against third parties.
Generally, where does a probate proceeding involving real property take place?
A)Only in the county in which the decedent resided
B)Only in the county in which the property is located
C)In the county in which the executor or the beneficiary resides
D)In both the county where the decedent resided and the county in which the property is located
D)In both the county where the decedent resided and the county in which the property is located
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)Seisin
D)Quiet enjoyment
A)Warranty forever
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)Warranty forever
B)Further assurances
C)Seisin
D)Quiet enjoyment
B)Further assurances
Any promise to obtain documents to make the title good is the covenant of further assurance
When a person dies intestate (with no will), the title to the real estate may pass to the state in an example of
A)voluntary alienation.
B)involuntary acceleration.
C)involuntary alienation.
D)adverse possession.
C) involuntary alienation.
Real estate that is inherited from a person who died testate is called a
A)legacy.
B)demise.
C)devise.
D)bequest.
C) devise.
The gift of real property by will is known as a devise, and the person who receives property by will is known as
a devisee.
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
In the general warranty—often just called warranty—deed, the grantor makes more promises and gives the grantee more covenants than in any other deed.
Every deed must be signed by the
A)grantor and grantee.
B)grantor.
C)devisee.
D)grantee.
B) grantor.
The basic requirements for a valid conveyance are governed by
A)local custom.
B)the law of descent.
C)national law.
D)state law.
D) state law.
Although all the listed items influence it somewhat, state law has the greatest influence on requirements for a valid real property conveyance.
Title to real estate can be transferred upon death by what type of document?
A)Special warranty deed
B)Warranty deed
C)Will
D)Quitclaim deed
C) Will
A will transfers title to real estate upon the death of the testator. Deeds must be delivered and accepted during the lifetime of the grantor to transfer title.
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
A)covenant of seisin.
B)acknowledgment clause.
C)restriction clause.
D)habendum clause.
D) habendum clause.
The (?) defines or explains the ownership to be enjoyed by the grantee, and its provisions must agree with those stated in the granting clause.
The habendum clause
The habendum clause begins with the words to have and to hold.
