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)
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1
Q

Title to real property is synonymous with ____.

A

ownership

2
Q

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

A

general warranty

3
Q

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

A

guardian’s

4
Q

Legal rights being conveyed are expressed in the ____ clause.

A

habendum

5
Q

The quitclaim deed contains ____ warrants.

A

no

6
Q

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

A

delivered and accepted

7
Q

Title by adverse possession may be obtained after ____ years.

A

seven

8
Q

Recording a document in the public records provides ____ notice.

A

constructive

9
Q

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

A

grantor and two witnesses

10
Q

Actual notice is provided by ____ ____.

A

physical possession

11
Q

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

A

mortgagee mortgagor

12
Q

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

A

attorney’s title opinion

13
Q

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

A

three

14
Q

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

A

police power, eminent domain, taxation and escheat

15
Q

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

A

real estate taxes, special assessments and federal estate taxes

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