5 Written questions
5 Matching questions
- Voluntary Alienation
- a A legal process by which a court determines who will inherit a decedent's property and what the estate's assets are
- b Written document that, when executed and delivered, conveys title to or an interest in real estate
- c Having made and left a valid will.
- d Voluntary transfer of title to Real Estate property, either a gift or selling of property
- e The person transferring title to or an interest in real property to a grantee
5 Multiple choice questions
- A written instrument that, when delivered, conveys title to or an interest in real estate
- A deed in which the grantor warrants, or guarantees, the title only against defects arising during the period of his or her tenure and ownership of the property and not against defects existing before that time, generally using the language, "by, through, or under the grantor but not otherwise."
- Words in deed on conveyance that state the grantor's intention to convey the property at the present time. This clause is generally worded as "convey and warrant"; "grant"; "grant, bargain, and sell"; or the like
- Tax on the transfer of real property; may require that stamps be attached to deed
- Formal declaration by someone like a notary that the signature is both voluntary (no force) and genuine (no forgery)
5 True/False questions
General Warranty Deed → A deed in which the grantor fully warrants good clear title to the premises. Used in most real estate deed transfers, a general warranty deed offers the greatest protection of any deed
Testator → Having made and left a valid will.
Habendum Clause → "To have and to hold" clause in a deed defining the extent of ownership bing granted; i.e., a life estate or a defeasible fee
Reconveyance Deed → A conveyance by which the grantor transfers whatever interest he or she has in real estate, without warranties or obligations
Grantee → The person transferring title to or an interest in real property to a grantee