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Which is true about the recording of a deed? Recording involves presenting the document to the county clerk and recorder to be microfilmed to become part of the permanent public record. Recording is done to make a document part of the public record and is advisable, though not mandatory for all deeds. Recording results in protection for an innocent purchaser (or encumbrancer) who might otherwise act in ignorance of an unrecorded instrument. All of the above.

All of the above.

Which type of covenant forces a correction deed from the grantor if necessary? Covenant of Quiet Enjoyment Covenant of Further Assurance Covenant of Warranty Forever Covenant of Seisin

Covenant of Further Assurance

The covenant that is often considered part of the covenant of quiet enjoyment is the Covenant of Warranty Forever Covenant of Seisin Covenant of Further Assurance Covenant Against Encumbrances

Covenant of Warranty Forever

In an unbroken chain of general warranty deeds, who may be held responsible for all warranties of all previous owners? The current owner The grantee Each grantor in the unbroken chain The last grantor in the unbroken chain

Each grantor in the unbroken chain

What happens when a title is conveyed by a type of deed different than the type used when it was previously conveyed? Future liability is broken. Future liability only goes back to the start of the next succession of warranty deeds. Nothing happens because the type of deed does not affect the liability. The deed becomes invalid.

Future liability only goes back to the start of the next succession of warranty deeds.

Which type of deed offers the maximum number of warranties and covenants? General Warranty Deed Special Warranty Deed Quitclaim Deed Restrictive Deed

General Warranty Deed

The following statement is TRUE of the Covenant of Seisin. It is a covenant that relates to the future. It is a covenant that guarantees the grantee will not be evicted. It is a covenant of a Special Warranty Deed. It is a covenant that guarantees the grantor has a right to convey the deed.

It is a covenant that guarantees the grantor has a right to convey the deed.

Which of the following is a REQUIRED element of a deed? Date Legal description Warranties Acknowledgment

Legal description

The covenant that relates to the future and guarantees no monetary claims against the property is the Covenant Against Encumbrances. the Covenant of Quiet Enjoyment. the Covenant of Further Assurance. None of the above.

None of the above.

With the Covenant of Quiet Enjoyment, if a claim by outsiders is successfully pursued, the actual dispossession is cause for recovery against the grantor. What protection is there for the grantor against this? Recording the deed Having the grantor's signature notarized Obtaining title insurance Having a title abstract completed

Obtaining title insurance

Which type of deed is used to clear up a cloud in the chain of title? General Warranty Special Warranty Quitclaim Seisin

Quitclaim

_____________ is done to make a document part of the public record, and is advisable, though not mandatory for all deeds. Grantor signing Grantee signing Recording Notarizing

Recording

The two covenants that relate to the past are Quiet Enjoyment and Further Assurance. Seisin and Against Encumbrances. Seisin and Warranty Forever. Seisin and Quiet Enjoyment.

Seisin and Against Encumbrances.

Which type of deed is used by grantors who cannot or do not want to make any warranties other than for the time they held title to the property? Special Warranty Deed Quitclaim Deed General Warranty Deed Covenant of Seisin Deed

Special Warranty Deed

A Bargain and Sales deed is a General Warranty deed. Special Warranty deed. Quitclaim deed. Habendum deed.

Special Warranty deed.

A right the grantor does not have and, therefore, is not able to convey is a covenant against encumbrances. a deed reservation. a deed limit. a deed exception.

a deed exception.

A formal declaration made to or taken by a duly authorized official (usually notary public) by a person who has signed a document is called notary statement. signature declaration. acknowledgment. signature authorization.

acknowledgment.

The title to real estate passes when a valid deed is signed and recorded. delivered and accepted. filed and microfilmed. executed and mailed.

delivered and accepted.

With a quitclaim deed, a false statement is the grantor warrants absolutely nothing. the grantor does not even claim to own the property. it is used to release lien claims against the property. if you receive a quitclaim deed from someone who owns the property in fee simple, you have no warranty to back up your claim of ownership.

if you receive a quitclaim deed from someone who owns the property in fee simple, you have no warranty to back up your claim of ownership.

The best place to obtain the property's legal description is from the title abstract. in the deed where the grantor obtained title to the property. from the surveyor's report. in the current deed where the grantor filled in the description.

in the deed where the grantor obtained title to the property.

The Grantor of a deed must date the deed. must record the deed. must be clearly designated. must hand write his/her name on the deed.

must be clearly designated.

A general warranty deed offers limited warranties with several covenants. offers maximum number of warranties with no covenants. offers no warranties unless included in any of the four covenants. offers maximum number of warranties and usually includes covenants.

offers maximum number of warranties and usually includes covenants.

The Covenant of Seisin relates to the past and guarantees grantor ownership. relates to the future and guarantees grantor ownership. relates to the past and guarantees nothing. relates to the future and guarantees no eviction.

relates to the past and guarantees grantor ownership.

The deed that offers a limited number of warranties is a general warranty deed. special warranty deed. quitclaim deed. quiet deed.

special warranty deed.

The Covenant of Quiet Enjoyment relates to the future. the past. all time. no specified time.

the future.

Covenant of Seisin guarantees there are no monetary claims against the property. any act necessary to perfect the title will be performed by the grantor. the grantor owns the property and has a right to convey it. the grantee will not be evicted nor disturbed in possession of the property.

the grantor owns the property and has a right to convey it.

The words on a deed "for love and affection" are proof the deed was inherited. tangible consideration. necessary when the deed is from another family member. the recital of consideration.

the recital of consideration.

For a deed to be recorded, Indiana requires the signature to be legible. to be notarized. of the grantee. to be dated.

to be notarized.

Which elements of a deed are REQUIRED? written instrument date recording acknowledgement

written instrument