Title Transfer

Question 1

Voluntary alienation; conveyance title by sale or gift.

Answer 1

Voluntary Transfer

Question 2

Voluntary transfer in which the government gives land to a private party ex. land grants

Answer 2

Public Grant

Question 3

Voluntary transfer in which-title is transferred from one private party to another private party.

Answer 3

Private Grant

Question 4

Voluntary transfer in which title is transferred as a gift from a private owner to the government; ex Subdivider may dedicate an area of a subdivision to the city for parks, streets, etc.

Answer 4

Public Dedication

Question 5

A written instrument by which title to real property is transferred.

Answer 5

Conveyance or Deed

Question 6

Guarantees that the title is good

Answer 6

Warranty Deed

Question 7

Gives the best guarantee of title; guarantees title before and during the time of the seller owned the property

Answer 7

Sale with Warranty or General Warranty Deed

Question 8

Guarantees the title only for the time the seller actually owned the property.

Answer 8

Special Warranty Deed

Question 9

Makes no guarantee; the grantor simply states that he has no claim on the title.

Answer 9

Sale without Warranty or Quitclaim Deed

Question 10

Better than a quitclaim but not as good as a warranty deed; has no explicit guarantees but does imply title is good

Answer 10

Bargain and Sale Deed

Question 11

Insures that the grantor has done nothing to encumber the title; this effectively turns it into a special warranty deed

Answer 11

Bargain and Sale with Covenant

Question 12

Transfer without the owner’s consent.

Answer 12

Involuntary Transfer

Question 13

The right to take private property for public use

Answer 13

Eminent Domain

Question 14

The action of taking private property for public use.

Answer 14

Expropriation or Condemnation

Question 15

When an owner dies with no will and no heirs, his property reverts to the state.

Answer 15

Escheat

Question 16

Claiming title by possession of the property for a statutory number of years
10 years in good faith, 30 years in bad faith

Answer 16

Aquisitive prescription or Adverse Possession

Question 17

A formally prepared will, witnessed and signed

Answer 17

Notarial Will

Question 18

Entirely in the testator’s own handwriting, dated and signed, but not witnessed.

Answer 18

Olographic Will or Holographic Will

Question 19

Made orally by testator who is near death.

Answer 19

Nuncupative Will

Question 20

In writing, signed, sealed and notarized with 3 witnesses

Answer 20

Mystic Will

Question 21

One who dies having a will

Answer 21

Testate

Question 22

When there is no will.

Answer 22

Intestate

Question 23

One who inherits property in a will.

Answer 23

Legatee

Question 24

A court proceeding which establishes the validity of the will and allows the instructions of the will to be carried out.

Answer 24

Succession or Probate

Question 25

Appointed in the will to carry out the instructions of the will

Answer 25

``` Executor = male executrix = female ```

Question 26

A person appointed by the court to carry out the instructions of the will

Answer 26

Administrator

Question 27

Property transferred by will

Answer 27

Devise

Question 28

The person to whom such property is transferred.

Answer 28

Devisee

Question 29

In Louisiana a portion of the estate must go to the children 23 years or younger

Answer 29

Forced Heirship

Question 30

1/4 if one child, 1/2 if 2 or more children.

Answer 30

Forced Portion

Question 31

the children of a deceased parent.

Answer 31

Naked Owners

Question 32

the right to sell or mortgage the property

Answer 32

Abusus

Question 33

3/4 if one child, 1/2 if 2 or more children.

Answer 33

Disposable Portion

Question 34

Acquiring property through natural causes or acts of God

Answer 34

Transfer by Accession

Question 35

Transfer by accession whereby there is a gradual increase in the size of the property as the result of some natural or artificial process

Answer 35

Accretion

Question 36

The deposits created by accretion

Answer 36

Alluvion

Question 37

Transfer by accession caused by exposure of land due to receding water

Answer 37

Reliction

Question 38

Transfer by accession caused by the soil wearing away

Answer 38

Erosion

Question 39

Transfer by accession from artificial means such as improvements or fixtures

Answer 39

Attachment

Question 40

Recording something in the public records

Answer 40

Constructive Notice

Question 41

First hand information such as telling someone face to face

Answer 41

Actual Notice

Question 42

A statement that an act was done of the person's free will.

Answer 42

Acknowledgment

Question 43

An opinion based on examination of the history of the title of a property

Answer 43

Attorney's Opinion

Question 44

A brief summary of all recorded instruments which affect the title

Answer 44

Abstract of Title

Question 45

A continuous linking of ownership

Answer 45

Chain of Title

Question 46

Offers financial protection if the title is not good.

Answer 46

Title Insurance