Casa 1 of 6 Flashcards
(39 cards)
A piece of paper that shows the evidence of a real property?
Deed
A right to keep a possession of property belonging to ANOTHER person until the debt is paid in full.
Lien
A piece of land plus any natural or artificial (man-made) improvements that are attached or have been added to this land?
Real Property
property that is movable?
Personal Property
is considered corporeal, or tangible?
Deed
An abstract (existing in thought) term denoting ownership of real property?
Title
considered incorporeal, or intangible?
Title
A transfer of ownership - voluntary or involuntary?
Alienation of Title
A deer had been running around a car race tracks crashes unto a port-a-potties that is singing and pink bra are coming out like notes. (W.C. - S.I.N.G - D.D.)
8 Requirements to make a deed valid?
What does W.C. Stands for (8 Requirement)?
Written, Consideration
What does S.I.N.G Stands for (8 Requirement)?
Signature, Intent, Names of the Parties, Grainting Clause
What does D.D. Stands for (8 Requirement)?
Description, Delivery
What does Grantor do?
Gives
What does Grantee do?
Receives
Foreclosure is an example of?
Alienation of Title
On the 8 Requirements to make a deed valid - Written means?
conveyance of an interest in real property must
be done in writing
The legal process of transferring property from one owner to another.
Conveyance
Must be adequate and actually it hides the real value of a property - “ten dollars and other good and valuable …”?
One of 8 Requirements to make a deed valid Consideration
The Deed must have the GRANTOR signature
One of 8 Requirements to make a deed valid - Signature means?
Desire that determines what the grantor was trying to do with this property
One of 8 Requirements to make a deed valid - Intent
Both grantor and grantee names must be written on the Deed.
One of 8 Requirements to make a deed valid - Name of the parties
Must have a something that says I transfer, I grant, I convey etc
One of 8 Requirements to make a deed valid - Granting Clause
All documents involving real estate with legally acceptable… This would mean to have adequate to separate the parcel in question from every other parcel on the face of the earth.
One of 8 Requirements to make a deed valid - Description
The Deed must be delivered to the grantee?
One of 8 Requirements to make a deed valid - Delivery