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Terms in this set (51)
Which instrument transfers title (b) Deed
from one individual to
another?
(a) Contract
(b) Deed
(c) Warranty
(d) Covenant
,What does the term "title" refer (c) Ownership
to in real estate?
(a) Any instrument that
guarantees legal rights
(b) A legal instrument that
transfers property from one
party to another
(c) Ownership
(d) A piece of bond paper
What is a warrant in a deed? (d) A promise made by the grantor
(a) A disclaimer
(b) A promise made by the
grantee
(c) Unenforceable
(d) A promise made by the
grantor
,Which clause in a deed states (a) Habendum
the interest that is being
conveyed?
(a) Habendum
(b) Reddendum
(c) Release
(d) Seisin
Which of the following is the (c) Warrant of quiet enjoyment
warrant in a deed in which the
grantor assures the grantee
freedom from hostile claims
against their ownership?
(a) Habendum clause
(b) Warrant of seisin
(c) Warrant of quiet enjoyment
(d) Reddendum clause
, Which statement is correct (d) It may be used to cure defects in title.
concerning a quitclaim deed?
(a) The only warrant contained
in the deed is the warrant of
seisin.
(b) The grantor cannot transfer
ownership under a quitclaim
deed.
(c) A quitclaim deed transfers
temporary title.
(d) It may be used to cure
defects in title.
What type of deed is most (b) General warranty
commonly used?
(a) Special warranty
(b) General warranty
(c) Quitclaim
(d) Bargain and sale