chapter 19 Legal descriptions and deeds Flashcards
action that actually transfer title
Delivery and acceptance
clause in a deed that makes the transfer
Granting Clause
declaration to notary or other official: to prevent forgeries
Acknowledgement
deed implying that grantor owns the property
Bargain and sale deed
deed providing grantee with the most protection
Warranty deed
deed releasing any interest grantor may have without claiming seisin (family transfer)
Quitclaim Deed
deed stating grantor has not encumbered the property (most popular in NJ) (Special warranty Deed)
Bargain and sale deed with covenants
description sufficient to identify a parcel with certainty that is accepted by a court of law
Legal description
description using boundaries and directions
metes and bounds
document used to transfer title to a parcel of real estate property
deed
government system for land description: used in western states
Rectangular survey system
landmarks metes
monuments
legal promise
Covenants
market place by US Geological Survey stating elevation
Benchmarks
mean see level in NY Harbor; also local zero elevation point
Datum