Title of Real Estate Sales
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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| show | mortgage lien
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| show | writ of execution
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| show | use-value assessment
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| An easement that exists between a landowner and another person. The easement is not assignable and will terminate upon the death of the easement owner or transfer of title. | show 🗑
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| show | writ of attachment
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| A wall that is located on a boundary line between two adjoining parcels of land. | show 🗑
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| A specific, involuntary lien placed against real property for the purpose of securing a debt. The lien may be placed by those who perform labor, furnish material or professional services in the improvement of real estate. | show 🗑
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| Clears the gap exception, causing the title company to provide coverage for liens that occur between the title commitment and the recording of the deed. | show 🗑
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| An incorporeal right held by one person to make use of the land of another for a limited purpose. | show 🗑
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| A title which is free from defects and encumbrances and may be transferred to another party. | show 🗑
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| An easement which is acquired through the operation of law allowing a purchaser of land ingress and egress. | show 🗑
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| An instrument by which some estate or interest in land is transferred from one person to another, such as a deed, mortgage, lease, or contract for sale. | show 🗑
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| Timeframe where title defects may appear of record after the effective date of the title commitment and before the interest of the buyer is recorded. | show 🗑
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| A claim against a specific parcel of property such as a mortgage. | show 🗑
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| show | transfer fee
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| The landowner who grants or serves the right to use their land to another in an appurtenant easement. | show 🗑
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| A claim on all property, both real and personal, owned by an individual. | show 🗑
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| show | chain of title
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| show | priority of liens
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| An appurtenant easement exists between two adjacent land owners, one being the dominant tenement and the other being the servient tenement. The easement attaches to the land and transfers to future owners. | show 🗑
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| show | title
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| A deed in which the grantor warrants clear title to the property. The warranty deed is the most protective of all deeds and offers the grantee five covenants: seisin, against encumbrances, further assurance, quiet enjoyment, and warranty forever. | show 🗑
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| show | gap in title
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| Knowledge which the law presumes a person has, as in the case of documents which have been recorded as a matter of public record. | show 🗑
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| show | suit to quiet title
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| Easement acquired through operation of law by the government for a public use. | show 🗑
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| A deed most likely to be used by a personal representative when conveying property in settlement of a probate estate. The deed does not contain warranties. | show 🗑
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| show | ad valorem
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| A claim or encumbrance that would affect or burden an owner's title to real estate. | show 🗑
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| show | opinion of title
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| A deed which conveys title to real property without making any warranties or representations regarding the quality of the deed. | show 🗑
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| show | judgment lien
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| show | encroachment's
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| A document which transfers ownership of title. | show 🗑
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| show | commercial easement in gross
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| show | judgment
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| show | dominant tenement
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| The act of entering or recording documents affecting or conveying interests in real estate in the register of deeds office. Until it is recorded, a deed or mortgage is not usually effective against subsequent purchasers or mortgagees. The buyer and seller will be required to pay a fee to record their documents in public records. | show 🗑
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| Litigation Pending; A notice filed on public record to give constructive notice that the property is in litigation and there may be a forthcoming lien. | show 🗑
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| show | easement by prescription
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| show | title insurance policy
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| show | abstract of title
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| show | lien
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| show | special assessment
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| The determination by the state of the property's worth, for property tax purposes. Assessed value is usually a percentage of the appraised value. | show 🗑
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Created by:
lisahale782006
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