Modern Real Estate Practice 6
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each of the black spaces below before clicking
on it to display the answer.
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| The basic requirements for a valid conveyance are governed by | show 🗑
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| Every deed must be signed by | show 🗑
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| show | Voidable. Real estate contracts entered by minors are generally voidable by the minor until the minor reaches the age of majority (18 in most states) or shortly thereafter.
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| A form authorizing one person to execute documents for another is called | show 🗑
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| show | General warranty. Often called warranty, the grantor makes more promises and gives the grantee more covenants than in any other deed.
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| show | Special warranty. The quoted granting clause doesn't use the word quitclaim instead using convey, nor does it use the words warrant generally or bargain and sell nullifying these answers. Special warrants use the words remise, alienate, and convey.
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| Under the covenant of quiet enjoyment, a grantor | show 🗑
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| show | Bargain and sale. By giving a bargain and sale deed, the grantor implies ownership and possession of the property, but there are no express warranties against encumbrances.
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| Which of these steps did a house title actually transfer/pass to B: A decided to convey a house to B, A signed a deed to transfer title to B, A gave the signed deed to B who accepted it, B took the deed to the county's recorder's office & had it recorded | show 🗑
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| P signed a deed transferring ownership of P's house to Q. To provide evidence that P's signature was genuine, P executed a declaration before a notary. This declaration is known as | show 🗑
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| show | Involuntary alienation (IA). Transfer of title by devise (will), descent (death intestate), or escheat (for lack of a will & lack of heirs) all occur after death. IA like condemnation, foreclosure sale, or tax sale, can occur during a person's life.
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| Eminent domain and escheat are two examples of | show 🗑
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| A deed contains a promise that the title conveyed is good & a promise to obtain & deliver any documents necessary to ensure good title. This deed contains an example of which covenant? | show 🗑
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| A person who has died without a will has died | show 🗑
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| show | Will. A will transfers title of real estate upon the death of testator. Deeds must be delivered & accepted during the lifetime of the grantor to transfer title.
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| show | Both the county where the decedent resided & the county in which the property is located. There will be 2 probates conducted for each of previous mentioned.
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| show | The habendum clause. This clause defines or explains the ownership to be enjoyed by the grantee, & its provisions must agree w/those stated in the granting clause (begins with the words "to have and to hold").
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| 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? | show 🗑
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| A Denver resident bought acreage in another country, never went to see it & didn't use the land. An artist moved a mobile home on the land, had a water well drilled, & lived there for 22 yrs. They may become part owner if they're in compliance w/state law | show 🗑
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| An owner of real estate was declared legally incompetent & committed to a state mental institute. While there, the owner wrote & executed a will. The owner died while at still at the ward & was survived by a spouse & 3 children. The real estate will pass | show 🗑
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Created by:
jr84