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16 Cards in this Set

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Special warranty deed differs from a general warranty deed and that the grantor's covenant in the special warranty deed



A. Applies only to definite limited time


B. Covers the time back to the original title


C. Is implied and is not written in full


D. Protects all subsequent owners of the property

A. Applies only to definite limited time

The severalty owner of a parcel of land sells it to a buyer. The buyer insist that the owners wife join in signing the deed. The purpose of obtaining the the wife's signature is to



A. Waive any marital on homestead rights


B. Defeat any curtesy rights


C. Provide evidence that the owner is married


D. Satisfy the parol evidence rule

A. Waive any marital on homestead rights

The third party holds the title to property and a half of someone else through the use of a



A. Devise


B. Quitclaim deed


C. Bequest


D. Deed trust

D. Deed trust

In a real estate transaction, transfer taxes that are due are charged



A. To the buyer unless this is forbidden by statute or regulation


B. According to local custom unless the parties are from different jurisdictions


C. To the parties as agreed in the contract to sale


D. To the closing agent and real estate broker if the contract does not specify who pays

C. To the parties as agreed in the contract to sale

Real estate that is inherited from a person who died testate is referred to as a



A. legacy


B. Bequest


C. Devise


D. Demise

C. Devise

Which of the following documents to sign by the owner of real estate?



A. A gift deed


B. A trustee's deed


C. A reconveyance deed


D. A tax deed

A. A gift deed

All the following are required for deed to be valid EXCEPT



A. Date


B. Legal description


C. Name of the grantee


D. Signature of the grantee

D. Signature of the grantee

The reversion of real estate to the state because of the lack of heirs or other person's legally entitled to own the property is called



A. Eminent domain


B. Escheat


C. Attachment


D. Estoppel

B. Escheat

In which of the following situations could a quitclaim deed NOT be used?



A. To convey title


B. To release a nominal real estate interest


C. To remove a cloud on title


D. To warrant that title is valid

D. To warrant that title is valid

Grantee is to a deed as devisee is to a



A. Trust


B. Will


C. Estate


D. Leasehold

B. Will

Normally a deed will be considered valid even if



A. It is signed by the attorney in fact of the seller


B. The grantor is not a legal entity


C. The grantor is a minor


D. The grantor did not deliver the deed

A. It is signed by the attorney in fact of the seller

Which of the following is an involuntary alienation of property?



A. Quitclaim


B. Inheritance


C. Condemnation


D. Gift

C. Condemnation

The type of deed in which the granting clause States " remise, release, alienate, and convey" is a



A. Special warranty deed


B. Bargain and Sale Deed


C. Quitclaim deed


D. Sheriff's deed

A. Special warranty deed

Which of the following is a voluntary alienation of property?



A. Adverse possession


B. Condemnation


C. Foreclosure


D. Owner selling the property

D. Owner selling the property

The clause in the deed that conveys the rights and privileges of ownership is called the



A. Habendum Clause


B. Appurtenance clause


C. Granting clause


D. Acknowledgment

C. Granting clause

A deed states that the Grantor is Artem being all their rights and interests to the Grantee to have and to hold. This is communicated in the



A. Acknowledgement clause


B. Restriction clause


C. Covenant of seizen


D. Habendum clause

D. Habendum clause