chapter 19 Legal descriptions and deeds Flashcards Preview

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Flashcards in chapter 19 Legal descriptions and deeds Deck (21)
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1
Q

action that actually transfer title

A

Delivery and acceptance

2
Q

clause in a deed that makes the transfer

A

Granting Clause

3
Q

declaration to notary or other official: to prevent forgeries

A

Acknowledgement

4
Q

deed implying that grantor owns the property

A

Bargain and sale deed

5
Q

deed providing grantee with the most protection

A

Warranty deed

6
Q

deed releasing any interest grantor may have without claiming seisin (family transfer)

A

Quitclaim Deed

7
Q

deed stating grantor has not encumbered the property (most popular in NJ) (Special warranty Deed)

A

Bargain and sale deed with covenants

8
Q

description sufficient to identify a parcel with certainty that is accepted by a court of law

A

Legal description

9
Q

description using boundaries and directions

A

metes and bounds

10
Q

document used to transfer title to a parcel of real estate property

A

deed

11
Q

government system for land description: used in western states

A

Rectangular survey system

12
Q

landmarks metes

A

monuments

13
Q

legal promise

A

Covenants

14
Q

market place by US Geological Survey stating elevation

A

Benchmarks

15
Q

mean see level in NY Harbor; also local zero elevation point

A

Datum

16
Q

one mile square

A

Section

17
Q

one who receives property to through a deed

A

Grantee

18
Q

one who transfer title by signing a deed

A

Grantor

19
Q

six mile square and 36 sections

A

Township

20
Q

a spot in which a metes and bounds description commences and ends

A

Point of Beginning POB

21
Q

to “have and to hold” Clause that explains ownership being transfer

A

Habendum clause