Voluntary and Involuntary Alienation
Which of the following is an example of voluntary alienation?
A. Sale
B. Foreclosure
C. Eminent domain
D. Adverse possession
What is A, sale?
Which element is required for a valid deed?
A. A notary signature
B. Monetary payment
C. Competent grantor
D. The grantee's signature
What is C, Competent grantor?
A person who dies with a valid will dies
A. Interstate
B. Testate
C. Under contract
D. By descent
What is B, Testate?
Which title is free from significant defects?
A. Legal title
B. Insurable title
C. Clouded title
D. Marketable title
What is D, Marketable title?
Recording a deed provides
A. Actual notice
B. Constructive notice
C. Legal ownership
D. Full insurance
What is B, constructive notice?
Adverse possession results in ownership after:
A. Permission from owner
B. Payment of taxes
C. Continuous and hostile possession
D. Court registration
What is C. Continuous and hostile possession?
Which clause specifies the legal rights being conveyed?
A. Granting
B. Recital
C. Habendum
D. Consideration
What is C. Habendum?
A. Escheat
B. Devise
C. Descent
D. Gift
What is C, Descent?
Which document protects a buyer from undiscovered title defects?
A. Warranty deed
B. Title Report
C. Title Insurance
D. Deed of trust
What is C, title insurance?
A deed must be _________ to be recorded
A. Acknowledged
B. Accepted
C. Signed by grantee
D. Filed by judge
What is A, Acknowledged?
A gift of property to a city for public use is called:
A. Devise
B. Dedication
C. Eminent domain
D. Descent
What is B. Dedication?
A deed that offers the most protection to the buyer is the:
A. Limited warranty deed
B. Quitclaim deed
C. Fiduciary deed
D. General warranty deed
What is D. General warranty deed?
Which term refers to the court-supervised process of distributing a decedent's estate?
A. Execution
B. Conveyance
C. Probate
D. Descent
What is C, Probate?
A break in the chain of title is called a
A. Lien
B. Cloud on title
C. Encroachment
D. Defect of seizin
What is B, cloud of title?
A chronological record of property ownership is the
A. deed trail
B. conveyance chain
c. chain of title
D. Ownership log
What is c, chain of title?
Which term means the government takes private land for public use?
A. Escheat
B. Foreclosure
C. Eminent domain
D. Dedication
What is C. Eminent domain?
Which deed is commonly used to correct title errors?
A. Quitclaim deed
B. Executor's deed
C. General warranty deed
D. Referee's deed
What is A. Quitclaim deed?
A person named in a will to carry out its instructions is the
A. Administrator
B. Executor
C. Devisee
D. Grantee
What is B, Executor?
Which policy protects a lender's interest in real property?
A. Owner's property
B. Mortgagee's policy
C. Executor's policy
D. Land use policy
What is B, Mortgagee's property?
Who typically performs a title search?
A. Buyer
B. Real estate agent
C. County clerk
D. Title company
What is D, title company?
What type of alienation occurs through erosion or accretion?
A. Voluntary
B. Constructive
C. Natural forces
D. Involuntary
What is D. Involuntary?
For a deed to be effective, it must be delivered and:
A. Signed by the grantee
B. Recorded
C. Accepted by the grantee
D. Approved by a judge
What is C. Accepted by the grantee?
If no will or heirs exist, property reverts to state via:
A. Escheat
B. Foreclosure
C. Seizin
D. Accretion
What is A, Escheat?
Which of these is NOT typically covered by standard title insurance?
A. Forgery
B. Unknown heir
C. Zoning change
D. Recording error
What is C, Zoning change?
Which method is used to legally clear a title defect?
A. Escheat
B. Warranty deed
C. Quiet title action
D. Grant of conveyance
What is C, Quiet title action?