Titles Flashcards

1
Q

Deed

A

A deed transfers legal title from the grantor to the grantee. A deed must be lawfully executed and delivered.

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2
Q

Lawful Execution

A

Lawful execution requires a writing signed by the grantor, an unambiguous description of the land, identification of the parties, and words of intent to transfer.

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3
Q

Deliverty

A

Delivery is based on present intent of the grantor that title pass immediately. Rejection of a deed defeats delivery.

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4
Q

Recording Systems

A

Common Law: First conveyance wins.

Race Jurisdiction: First to record wins.

Notice Jurisdiction: Last BFP to take wins.

Race-Notice Jurisdiction: First BFP to record wins.

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5
Q

BFP

A

To be a bona fide purchaser, a grantee must take the property for value without notice of the prior conveyance. Recording statutes do not protect donees, heirs or devisees unless the shelter doctrine applies.

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6
Q

Shelter Doctrine

A

Anyone who takes from a BFP will prevail against any interest the BFP would have prevailed against.

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7
Q

Adverse Possession

A

To establish title by adverse possession, the possessor must show that the possession was:
-Continuous
-Open and notorious (visible)
-Actual (occupying)
-Exclusive (not sharing)
-Hostile (without owner’s permission)

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