Unit 7 transfer of tittle
Title Correct Answer: to real estate means the right to or ownership of the land; it represents the
owner's bundle of legal rights. Serve as Evidence of ownership
Voluntary Alienation Correct Answer: is the legal term for the transfer of title during the property
owner's lifetime. An owner may transfer title by making a gift or by selling the property.
Grantor/Grantee Correct Answer: The owner transferring title to or an interest in real property to a
grantee.
Deed Correct Answer: A written instrument that, when executed and delivered, conveys title to or an
interest in real estate.
OR vs EE Correct Answer: Grantor- property owner
Grantee- receive of property
Granting Clause Correct Answer: Words in a deed of conveyance that state the grantor's intention to
convey the property at the present time. This clause is generally worded as "convey and warrant";
"grant"; "grant, bargain, and sell"; or the like.
Habendum Clause Correct Answer: That part of a deed beginning with the words "to have and to hold,"
following the granting clause and defining the extent of ownership the grantor is conveying.
Acknowledgment Correct Answer: A formal declaration made before a duly authorized officer, usually a
notary public, by a person who has signed a document.
General Warranty Deed Correct Answer: A deed in which the grantor fully warrants good, clear title to
the premises. Used in most real estate deed transfers, a general warranty deed offers the greatest
protection of any deed.
Covenant of seisin Correct Answer: The grantor warrants that he or she owns the property and has the
right to convey title to it. The grantee may recover damages up to the full purchase price if this covenant
is broken.
Covenant against encumbrances Correct Answer: The grantor warrants that the property is free from
liens or encumbrances, except for any specifically stated in the deed. Encumbrances generally include
mortgages, mechanics' liens, and easements. If this covenant is breached, the grantee may sue for the
cost of removing the encumbrances.
Covenant of further assurances Correct Answer: The grantor promises to obtain and deliver any
instrument needed to make the title good. For example, if the grantor's spouse has failed to sign away
dower rights, the grantor must deliver a quitclaim deed (discussed below) to clear the title.
Title Correct Answer: to real estate means the right to or ownership of the land; it represents the
owner's bundle of legal rights. Serve as Evidence of ownership
Voluntary Alienation Correct Answer: is the legal term for the transfer of title during the property
owner's lifetime. An owner may transfer title by making a gift or by selling the property.
Grantor/Grantee Correct Answer: The owner transferring title to or an interest in real property to a
grantee.
Deed Correct Answer: A written instrument that, when executed and delivered, conveys title to or an
interest in real estate.
OR vs EE Correct Answer: Grantor- property owner
Grantee- receive of property
Granting Clause Correct Answer: Words in a deed of conveyance that state the grantor's intention to
convey the property at the present time. This clause is generally worded as "convey and warrant";
"grant"; "grant, bargain, and sell"; or the like.
Habendum Clause Correct Answer: That part of a deed beginning with the words "to have and to hold,"
following the granting clause and defining the extent of ownership the grantor is conveying.
Acknowledgment Correct Answer: A formal declaration made before a duly authorized officer, usually a
notary public, by a person who has signed a document.
General Warranty Deed Correct Answer: A deed in which the grantor fully warrants good, clear title to
the premises. Used in most real estate deed transfers, a general warranty deed offers the greatest
protection of any deed.
Covenant of seisin Correct Answer: The grantor warrants that he or she owns the property and has the
right to convey title to it. The grantee may recover damages up to the full purchase price if this covenant
is broken.
Covenant against encumbrances Correct Answer: The grantor warrants that the property is free from
liens or encumbrances, except for any specifically stated in the deed. Encumbrances generally include
mortgages, mechanics' liens, and easements. If this covenant is breached, the grantee may sue for the
cost of removing the encumbrances.
Covenant of further assurances Correct Answer: The grantor promises to obtain and deliver any
instrument needed to make the title good. For example, if the grantor's spouse has failed to sign away
dower rights, the grantor must deliver a quitclaim deed (discussed below) to clear the title.
