Chapter 19: Legal Description and Deeds Flashcards Preview

Real Estate- NJ (Mulroy) > Chapter 19: Legal Description and Deeds > Flashcards

Flashcards in Chapter 19: Legal Description and Deeds Deck (6)
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1

Acknowledgements

Declaration to notary or other official; to prevent forgeries.

2

Warranty Deed

Deed providing grantee with the most protection.

3

Bargain & sale deed with covenants

Deed stating grantor has not encumbered the property.

4

Bargain & sale deed

Deed implying that grantor owns the property. (Foreclosures)

5

Quitclaim Deed

Deed releasing any interest grantor may have without claiming seisin. Least protection.

6

Deed

Document used to transfer title to a parcel of real property.