Chapter 9: Title, Deeds & Ownership Restrictions (FITB) Flashcards Preview

Real Estate > Chapter 9: Title, Deeds & Ownership Restrictions (FITB) > Flashcards

Flashcards in Chapter 9: Title, Deeds & Ownership Restrictions (FITB) Deck (15):
1

Title to real property is synonymous with ____.

ownership

2

The deed that provides the greatest protection to the grantee is the ____ ____ deed.

general warranty

3

The deed that is used to convey the property of a minor is the ____ deed.

guardian's

4

Legal rights being conveyed are expressed in the ____ clause.

habendum

5

The quitclaim deed contains ____ warrants.

no

6

Title to real property passes to the grantee when the deed is ____ and ____.

delivered and accepted

7

Title by adverse possession may be obtained after ____ years.

seven

8

Recording a document in the public records provides ____ notice.

constructive

9

To be valid, a deed must be signed by the ____ and ____ witnesses.

grantor and two witnesses

10

Actual notice is provided by ____ ____.

physical possession

11

The ____ title policy is transferrable; the ____ is not.

mortgagee mortgagor

12

An abstract can be made more useful by obtaining an attorney's written ____ ____ ____.

attorney's title opinion

13

One of ____ methods may be used to cure a defect in title.

three

14

The four rights of government that limit private property right are ____, ____, ____ and ____.

police power, eminent domain, taxation and escheat

15

____, ____, and ____ are classified as superior liens.

real estate taxes, special assessments and federal estate taxes

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