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Real Estate Principles Study Set 2
Quiz 3: Conveying Real Property Interests
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Question 1
Multiple Choice
The covenants in a deed are the most important differences among types of deeds.Which of the following covenants promises that the grantor truly has good title and the right to convey it?
Question 2
Multiple Choice
While several kinds of real property conveyances result from events beyond the control of the grantor,the majority of conveyances are voluntary through a deed.Which of the following is an example of a voluntary conveyance of real property with a deed?
Question 3
Multiple Choice
At the death of a property owner,property will convey either in accordance with a will or without a will.If a will dictates the distribution of the decedent's real property,the property is said to be conveyed by:
Question 4
Multiple Choice
A deed is a special form of written contract used to convey a permanent interest in real property.Unlike most contracts,a deed requires:
Question 5
Multiple Choice
Which of the following clauses contained in a deed defines or limits the type of interest being conveyed?
Question 6
Multiple Choice
A law requiring any contract conveying a real property interest to be in writing in order to be enforceable is a modern application of the:
Question 7
Multiple Choice
A contract for sale of real estate usually calls for the seller to provide evidence of title as a requisite to completing the sale.Today,the predominant medium through which a seller meets this requirement is by providing:
Question 8
Multiple Choice
Most often used in the description of urban property,which of the following methods of land description contains information regarding the location of various easements and may even contain a list of restrictive covenants?
Question 9
Multiple Choice
Once a document conveying an interest in real property is placed in the public records it is binding on the public,whether or not they make an effort to learn of it.Based on the common law tradition,this policy is known as the:
Question 10
Multiple Choice
An owner of land may involuntarily and unknowingly give up the rights to land.When a fee simple interest is conveyed to a new owner without a deed and without the consent or knowledge of the original owner,this is said to be conveyed by:
Question 11
Multiple Choice
Recognizing that only recent conveyances alter the status of title,states have established laws that set limits on how far back a title search must go.These laws are commonly referred to as:
Question 12
Multiple Choice
When a landowner subdivides land in a way that causes a parcel to be landlocked,it is possible for property to be voluntarily conveyed without a deed.If the landlocked parcel has no prior path of access,which of the following types of easements will automatically be created to make the land useful?
Question 13
Multiple Choice
Although deeds can only deliver what a grantor actually owns,they can still vary in "quality." Which of the following types of deeds is considered to be the "highest quality" because it contains the full set of legal promises the grantor can make?
Question 14
Multiple Choice
The most flexible method of land description,capable of describing even the most irregular of parcels,can be described as a very precise,compass-directed walk around the boundary of a parcel.This method is commonly referred to as:
Question 15
Multiple Choice
Unlike other forms of evidence of title,title insurance guards the grantee against certain risks.However,there are a number of important limits to title insurance.Which of the following is an example of the limits to title insurance?
Question 16
Multiple Choice
While the vast majority of conveyances of real property are private grants through a deed,there are multiple ways in which voluntary conveyance can occur without a deed.Which of the following types of easements can occur if a landowner gives an adjacent landowner permission to depend on her land? (E.g.A landowner may give a neighbor permission to rely on sewer access or drainage across his or her land. )
Question 17
Multiple Choice
Considered a "questionable conveyance of title" by most courts,which of the following types of deeds is worded to imply no claim of title,but rather only convey what interest the grantor actually has? (Hint: This type of deed may be used by a developer to convey certain lands of a subdivision to the local government through dedication. )
Question 18
Multiple Choice
Initially used to survey the Old Northwest Territory (Ohio,Indiana,Illinois,and Michigan) in 1789,which of the following methods of land description relies on townships and section numbers as essential units of identification?
Question 19
Multiple Choice
One of the most important requirements of a land description is for it to be unambiguous.Which of the following methods of property description is the most unambiguous and is appropriate for use in legal documents?