Deck 35: Deeds
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Deck 35: Deeds
1
What term describes everything of a permanent nature which may be holden?
A) Tenements
B) Testaments
C) Hereditaments
D) Heirlooms
A) Tenements
B) Testaments
C) Hereditaments
D) Heirlooms
Tenements
2
Who is the person to whom a title is transferred?
A) Donee
B) Grantee
C) Consignee
D) Legatee
A) Donee
B) Grantee
C) Consignee
D) Legatee
Grantee
3
What term describes a formal declaration before an authorized official, by a person who executes a deed, that it is his or her free act?
A) Certification
B) Verification
C) Acknowledgment
D) Agreement
A) Certification
B) Verification
C) Acknowledgment
D) Agreement
Acknowledgment
4
What words of conveyance can be used in a valid deed?
A) Grant
B) Convey
C) Transfer
D) All of the above
A) Grant
B) Convey
C) Transfer
D) All of the above
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5
What is a country of origin of the metes and bounds system?
A) England
B) France
C) Spain
D) United States
A) England
B) France
C) Spain
D) United States
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6
What term describes intersecting lines running east and west?
A) Meridians
B) Base lines
C) Bounds
D) Metes
A) Meridians
B) Base lines
C) Bounds
D) Metes
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7
What term describes a map of the subdivision of a tract of land?
A) Plat
B) Plat map
C) Plot
D) All of the above
A) Plat
B) Plat map
C) Plot
D) All of the above
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8
What book is used to record a plat?
A) Locus book
B) Plot book
C) Plat book
D) Tract book
A) Locus book
B) Plot book
C) Plat book
D) Tract book
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9
From a buyer's perspective, what is the most desirable type of a deed?
A) Special warranty deed
B) Bargain and sale deed
C) Quitclaim deed
D) None of the above
A) Special warranty deed
B) Bargain and sale deed
C) Quitclaim deed
D) None of the above
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10
What is a commonly used deed in the U.S.?
A) General warranty deed
B) Full warranty deed
C) Common warranty deed
D) Ordinary warranty deed
A) General warranty deed
B) Full warranty deed
C) Common warranty deed
D) Ordinary warranty deed
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11
What other term describes a general warranty deed?
A) Full covenant and warranty deed
B) Universal covenant and warranty deed
C) Complete covenant and warranty deed
D) Absolute covenant and warranty deed
A) Full covenant and warranty deed
B) Universal covenant and warranty deed
C) Complete covenant and warranty deed
D) Absolute covenant and warranty deed
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12
Under a general warranty deed, against what claims will the grantor defend the title?
A) Claims arose before the grantor owned the property
B) Claims arose during the time when the grantor owned the property
C) Claims of all persons
D) Liens against the property
A) Claims arose before the grantor owned the property
B) Claims arose during the time when the grantor owned the property
C) Claims of all persons
D) Liens against the property
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13
What covenant is included in a general warranty deed?
A) Grantor has good title
B) No encumbrances exist
C) Grantor has good right to sell and convey the property
D) All of the above
A) Grantor has good title
B) No encumbrances exist
C) Grantor has good right to sell and convey the property
D) All of the above
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14
What clause in a general warranty deed defines the extent of ownership?
A) Addendum
B) Habendum
C) Ad damnum
D) Estoppel
A) Addendum
B) Habendum
C) Ad damnum
D) Estoppel
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15
What other term describes a limited warranty deed?
A) Particular warranty
B) Special warranty
C) Unique warranty
D) Unusual warranty
A) Particular warranty
B) Special warranty
C) Unique warranty
D) Unusual warranty
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16
What warranty is included in a limited warranty deed?
A) No defects arose in the title during the time that the grantor owned the property
B) No defects arose in the title before the grantor owned the property
C) All of the above
D) None of the above
A) No defects arose in the title during the time that the grantor owned the property
B) No defects arose in the title before the grantor owned the property
C) All of the above
D) None of the above
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17
Under what circumstances is a quitclaim deed commonly used?
A) To cure a defect in the chain of title
B) Grantor is not sure whether his or her title is good or bad
C) All of the above
D) None of the above
A) To cure a defect in the chain of title
B) Grantor is not sure whether his or her title is good or bad
C) All of the above
D) None of the above
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18
What term describes a deed conveying the grantor's interest in the real property and containing no warranties?
A) Quitclaim deed
B) Deed without covenants
C) Fiduciary deed
D) All of the above
A) Quitclaim deed
B) Deed without covenants
C) Fiduciary deed
D) All of the above
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19
What is a necessary part of a quitclaim deed?
A) Consideration
B) Warranties
C) All of the above
D) None of the above
A) Consideration
B) Warranties
C) All of the above
D) None of the above
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20
What state uses quitclaim deeds?
A) Colorado
B) New York
C) Washington
D) All of the above
A) Colorado
B) New York
C) Washington
D) All of the above
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21
In feudal England, real property used to be transferred from one person to another in a public ceremony known as livery of seisin.
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22
Originally, a seal was an impression on wax or paper.
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23
Today, a valid deed must be in writing.
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24
One of the requirements of a modern valid deed is to be appreciated by the grantee.
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25
After the Revolutionary War, the government survey system had been established.
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26
There is a method of describing real property by reference to a recorded survey made when a large piece of land is subdivided.
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27
Today in the U.S., there are five commonly used types of deeds.
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28
A particular warranty deed is one of commonly used deeds.
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29
In a general warranty deed, the grantor will warrant and defend the title against the claims of all persons.
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30
The words "grant, bargain, and sell" create a general warranty deed in Arkansas.
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31
All states have created short forms of special warranty deeds.
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32
The words "with quitclaim covenants" are used to create a special warranty deed in Massachusetts.
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33
Quitclaim deeds are also called deeds with covenants.
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34
Quitclaim deeds are never used by fiduciaries for conveying real property.
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35
Bargain and sale deed may be used to transfer land as a gift.
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36
Bargain and sale deeds are used in Vermont.
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37
Traditionally, under common law, a contract that was under seal and contained promises was called a(n) ________.
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38
The act of transferring title to real property from one person to another is known as ________.
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39
A valid deed must describe the ________ being transferred.
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40
Today, one of the principal systems to describe real property in a deed is the ________ and bounds system.
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41
A row of townships running north and south is called a(n) ________.
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42
Today, one of the commonly used deeds is a general ________ deed.
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43
A lien against the property is called a(n) ________.
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44
A special warranty deed assures that no defects arose in the ________ during the time that the grantor owned the property
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45
A quitclaim deed is usually used when a deed is necessary to ________ a defect in the chain of title.
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46
An insurance policy, sold by a title company, which protects the purchaser against past problems with the property's title is called title ________.
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47
Match the terms with their descriptions:
-General warranty deed
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
-General warranty deed
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
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48
Match the terms with their descriptions:
-Grantor
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
-Grantor
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
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49
Match the terms with their descriptions:
-Section
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
-Section
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
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50
Match the terms with their descriptions:
-Acceptance by the grantee
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
-Acceptance by the grantee
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
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51
Match the terms with their descriptions:
-Bargain and sale deed
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
-Bargain and sale deed
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
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52
Match the terms with their descriptions:
-Warrant
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
-Warrant
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
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53
Match the terms with their descriptions:
-Monuments
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
-Monuments
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
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54
Match the terms with their descriptions:
-Special warranty deed
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
-Special warranty deed
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
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55
Match the terms with their descriptions:
-Hereditaments
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
-Hereditaments
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
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56
Match the terms with their descriptions:
-Quitclaim deed
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
-Quitclaim deed
A) Person transferring title to real property
B) Deed commonly used when the grantor is not sure whether his or her title is good or bad
C) Visible marks indicating boundaries
D) Things capable of being inherited
E) Deed containing warranties that the grantor will defend the title only against claims through him or her
F) Common type of deeds
G) Deed conveying the land itself rather than merely the grantor's interest in the property
H) Square mile of land
I) To give assurance
J) Essential element of a valid deed
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57
Define a deed under the common law and discuss essential elements of a deed.
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58
Identify and discuss three principal systems used today to describe real property in a deed.
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59
Give a modern definition of a deed. Compare and contrast a general warranty deed and a special warranty deed.
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60
Adrian sold his house to Rose, and gave her a general warranty deed. Later Rose found out that there is a lien attached to the property. What should Rose do in this situation?
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61
Ted, an executor of Barbara's estate, is distributing the estate's assets according to her will. She left her log cabin to Connor. Ted is not sure whether this property's title is good or bad. What should Ted do in this situation?
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