Transfer Title

A quitclaim deed is frequently used to 1 remove a cloud on a title. 2 remove an escrow. 3 evict a tenant. 4 terminate a power of attorney.

1

Which of the following is most often employed to assure title to real property? 1 ALTA extended title insurance 2 Recording the deed 3 Bill of sale 4 Grant deed

1

The absence of which of the following would invalidate a deed? 1 Delivery 2 Capacity of the grantee 3 Recordation 4 Signature of the grantee

1 delivery

Recording of instruments in the county records protects the 1 grantee. 2 grantor. 3 broker. 4 lawyer.

1 grantee

Generally, a deed that is not acknowledged 1 is effective between the parties to transfer title. 2 will be accepted for recordation by the county clerk.

1 only

When a title insurance policy is issued: 1 an inspection of the records has been made. 2 premiums must be paid on an annual basis.

1 only

Written instruments documenting the conveyance of real property are recorded 1 in the county where the real property is located in order to give constructive notice. 2 to have the conveyance valid between the parties.

1 only

An acknowledgment is: 1 proof of execution of a deed by a grantor. 2 necessary to make a deed valid.

1 proof of execution of a deed by a grantor.

A title insurance policy standard form insures 1 the title only as it appears of record, subject to printed exceptions. 2 the property is free and clear of all encumbrances. 3 that there are no judgment liens against the property. 4 that there are no tax liens against the property.

1 the title only as it appears of record, subject to printed exceptions.

In California every valid deed must contain a granting clause. a living, identifiable grantee. a competent grantor.

1, 2, and 3

Which of the following is essential for a deed to be legally effective? 1 The parties must be properly identified. 2 It must be in writing. 3 The property conveyed must be adequately described. 4 There must be a breach of contract clause.

1,2. and 3 only

As far as its validity between grantor and grantee is concerned, a deed that is not dated, acknowledged or recorded is 1 invalid because of these omissions. 2 valid despite these omissions. 3 revocable by the grantor. 4 void.

2

Title acquired by adverse possession may be perfected by: 1 a quitclaim deed. 2 a quiet title action.

2 only

The main purpose of a deed is to 1 provide constructive notice to the world of ownership. 2 provide evidence of a transfer or change of an interest in real property. 3 ensure that the grantee has the legal right to covey the property. 4 identify the grantor as the new owner of real property.

2 provide evidence of a transfer or change of an interest in real property.

A standard title insurance policy will protect the insured against all of the following except 1 forgery. 2 false impersonation. 3 government restrictions (zoning). 4 missing heirs after probate

3

Which of the following terms does NOT describe the type of occupancy needed for adverse possession? 1 Exclusive 2 Open and notorious 3 Lawful 4 Continuous

3

Which of the following affects the validity of a deed? 1 Error in stating the true amount of consideration 2 Omission of the habendum clause 3 Insufficient description of the land to be conveyed 4 Illiteracy

3 Insufficient description of the land to be conveyed

Bryan Schroeder owns real property encumbered by a trust deed. Schroeder has entered into a sale agreement with George Wand and has agreed to deliver the title free and clear of all encumbrances. At the time of closing, 1 Schroeder must pay off the beneficiary and execute a trust deed in favor of Wand. 2 Wand must assume and agree to pay the trust deed. 3 Schroeder must get permission from the beneficiary to transfer the property to Wand. 4 Schroeder must pay off the trust deed and sign a deed conveying title to Wand.

3 Schroeder must pay off the trust deed and sign a deed conveying title to Wand.

19)Title to real property is alienated by 1 creating a cloud on the title. 2 recording a lien. 3 conveying a title. 4 filing a declaration of homestead.

3 conveying title

An ALTA extended title insurance policy would NOT cover 1 unrecorded deeds. 2 unrecorded homestead rights. 3 governments regulating the use of property through zoning ordinances. 4 unrecorded easements.

3 governments regulating the use of property through zoning ordinances.

Which of the following is a requirement for a valid deed? 1 Acknowledgement by the grantee 2 Recordation 3 Granting clause

3 only

Which of the following is not necessary to the validity of a deed? 1 Delivery to grantee 2 Grantor execution 3 Designating the grantee 4 Recording the deed

4

A title plant is a: 1 policy of title insurance. 2 subdivision map. 3 corner marker. 4 collection of real estate records.

4 collection of real estate records.

An acknowledgment is necessary on a deed 1 if you want to make it legal. 2 only if it is a general warranty deed. 3 only if it is a quitclaim deed. 4 if you want to record it.

4 if you want to record it

Which of the following statements is true? 1 A deed that is not dated is invalid. 2 A quitclaim deed gives the grantee the greatest ownership protection. 3 Both personal property and real property are transferred by the use of a deed. 4 Real property can become personal property.

4 real property can become personal property

The best way to discover a flaw in the recorded title to a piece of real property is by 1 hiring a lawyer. 2 calling the county surveyor. 3 taking out property insurance. 4 a search of title.

4 search of title

The word 'escheat' refers to 1 the acquisition of title by adverse possession. 2 the right of the government to take private property for a public purpose upon payment. 3 the feudal custom of the king's seizure of land. 4 the right of the government to acquire title where the owner dies without a will and without heirs.

4 the right of the government to acquire title where the owner dies without a will and without heirs.

Written instruments documenting the conveyance of real property are recorded: (1)in the county where the real property is located in order to give constructive notice. (2)to have the conveyance valid between the parties.

Answer both 1 and 2

Which of the following is necessary for a valid transfer of title to real estate? 1 Delivery of the deed 2 Recording of the deed 3 A competent grantee

Answer 1

When a person dies testate, the real property 1 goes to the administrator. 2 passes by devise. 3 goes to his next of kin. 4 escheats and is sold at an auction by the state.

Answer 2

The recording system 1 requires acknowledgements to prevent forgery in recorded documents. 2 is designed to provide public notice concerning the documents affecting the title to real estate

Both 1 and 2

To be valid a deed which contains a lot and block description must also 1 describe the metes and bounds distances and angles of the perimeter lines of the parcel conveyed. 2 contain references to the nearest section corner of the Government Rectangular Survey System.

Neither 1 or 2

When does legal title to real property pass from the seller to the buyer? 1 When the closing statement has been signed 2 When the deed is placed in escrow 3 When the deed is delivered 4 On the date of recording of the deed

When the closing statement has been signedWhen the deed is placed in escrowWhen the deed is deliveredOn the date of recording of the deed