Course 1-5 Flashcards

1
Q

Grantee

A

A person who received the property from the grantor in a deed.

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2
Q

Grant and Convey

A

Grant and convey unto John Doe

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3
Q

Legal Discription

A

Metes and Bounds, Lot, block and subdivision, government survey

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4
Q

Appurtenances

A

Deeds in MN Specify that the property being conveyed “together with all predicaments and appurtenances belonging hereto and then provides space for the grantor to write in any exceptions.

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5
Q

Habendum Clause

A

A habendum clause describes the type of estate being conveyed. It usually follows the granting clause and reaffirms the extent of ownership that the grantor is transferring.

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6
Q

Designation of limitations

A

This is important if the deed will dictate how a property may be used or not used. Deed restriction are limitations spelled out in the deed.

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7
Q

Exemptions and reservations affecting the title

A

This is known as a subject to clause. A deed may say that the transfer is subject to an easement on the property.

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