Title

Question 0

Adverse Possessor claims ownership of land.

Answer 0

Claim Of Right

Question 1

Means of aquiring title where occupant of land has been in actual, open, notorious, hostile, exclusive & continuous possession of property for required statutory period of time.

Answer 1

Adverse Possession

Question 2

Adverse Possessor claims title under written conveyance of the property by operation of law from another person claiming title under written conveyance.

Answer 2

Color of Title. (ie: occupies land with false deed thinking deed is real.)

Question 3

Upon death of a person who is tenant in severally or tenant in common, his interest would be ____________, whether he does restate or intestate.

Answer 3

Probated

Question 4

Testator

Answer 4

Died leaving a will

Question 5

Persons receiving ownership of real property through valid will

Answer 5

Devisees

Question 6

Lawsuit to determine an resolve all adverse claims of ownership of property

Answer 6

Quiet Title

Question 7

Squid ion of easement through adverse use

Answer 7

Prescription

Question 8

A court order that requires the sheriff to sell property is a writ of ___________.

Answer 8

Execution

Question 9

__________ foreclosure would terminate the property owners rights and give the title to the creditor.

Answer 9

Strict foreclosure

Question 10

A non judicial foreclosure is allowed when the mortgage or deed or trust has a _______ __ ______ provision

Answer 10

Power of Sale

Question 11

Property owner’s right to buy back the property by paying off entire debt within a specific time period after foreclosure.

Answer 11

Statutory right of Redemption

Question 12

Contract for deed often includes provision allowing for _________ of vendee’s interest if vendee defaults.

Answer 12

Forfeiture

Question 13

First grant in chain if title issued by the government.

Answer 13

Patent

Question 14

Transfer or conveyance if title to real property to another.

Answer 14

Alienation

Question 15

A developer may be required to turn over land in a proposed subdivision for public use through _________ __________.

Answer 15

Statutory Dedication

Question 16

May be paid for loss in value to the portion of a property not taken through condemnation.

Answer 16

Severance Damanges

Question 17

Two elements of Eminent Domain are:

Answer 17

• Public Use

- Fair Compensation

Question 18

Right to keep title by paying off the entire debt prior to date of the foreclosure.

Answer 18

Equitable Right of Redemption

Question 19

Terminates owners rights an causes the property to be sold by sheriff to the highest bidder

Answer 19

Foreclosure & Sale (most common cases)

Question 20

Testate

Answer 20

Death with will

Question 21

Intestate

Answer 21

Death without will

Question 22

Person receiving ownership of real property through a valid will

Answer 22

Devisees

Question 23

Persons receiving personal property

Answer 23

Legatees

Question 24

Instrument used to dispose of a persons property (estate) upon death.

Answer 24

Will

Question 25

Handwritten will by testator with no witness.

Answer 25

Holographic will (accepted in some states.)

Question 26

Prior to death the will is _________, meaning it can be changed.

Answer 26

Ambulatory

Question 27

Probate is the process by which a court:

Answer 27

- collects the deceased assets. - pays the legal claims of creditors. - distributes the remainder of his estate to those entitled to it.

Question 28

Passes any interest to the signer may have in the property, but does not tie him to any warrenty.

Answer 28

Quitclaim Deed

Question 29

Adverse possessor claims title under Wittenberg co trance of the property or by operation of law from another person claiming title under a written contract. (Ie: owner believes false title to be true)

Answer 29

Color of title

Question 30

Dies intestate an property passed I heirs.

Answer 30

Transfer of title by descent.