AZ RE 3

Which of the following would have the weakest claim to title?

A person living off the property with an acknowledged deed

Once a person has gone to the courthouse and reviewed all documents pertaining to the property he intends to buy, he is said to have

Actual notice

Which of these would most likely be considered a cloud in the chain of title?

An undisclosed owner

What is the maximum number of grantees that can be named in a deed?

Any number

A devise is an example of a/an ___ conveyance. a. Involuntary b. Deductive c. Testamentary d. Defeasible

C. Testamentary

A title examiner tries to establish the present owner of a certain property by reviewing all the previous deeds of the previous owners he can find. The title examiner is trying to establish

Chain of title

*** An Affidavit of Value requires which of the following? a. Grantor's name and signature b. Grantee's name and signature c. Sales price of the property d. All of these

D. All of the above

Real property title may be transferred by all of the following EXCEPT

Decree from a municipality

A standard form of title insurance policy would MOST LIKELY NOT protect against loss resulting from

Encroachment on the property

Recordation of a deed is the responsibility of the

Grantee

The clause in a deed that sets forth or limits the extent of interests in the title being conveyed is the

Habendem Clause

A title free from defects that an owner has the right to convey is a/an:

Marketable title

An interest in title to real property, not government owned, obtained by action at law based on adverse possession best describes:

Prescriptive suit

Which of the following documents would be used to remove a cloud on the title?

Quitclaim Deed

A quitclaim deed is commonly used to

Release an interest in title

An example of involuntary alienation is where title to real estate passes by:

Sheriff's Deed

A husband acquires property of several types as sole and separate. What should the wife do to protect herself?

Sign a disclaimer deed

Which of the following warrants title only for the period during which the seller owned the property?

Special warranty deed

Which form of title evidence is commonly used in Arizona?

Title insurance

Stephan buys a home from Joann. Several documents show up prior to and during the settlement process. Which provides the best evidence that Joann is passing marketable title to Stephan?

Title insurance policy

Deeds are recorded in the:

To provide constructive notice of their existence

A preliminary title report would disclose all of the following EXCEPT

Zoning

That which is not title, but gives the appearance of title is: a. Color of title b. Exoneration c. Alienation d. Subordination

a. Color of title

Which type of will does NOT require witnessing?

holographic

According to the AZ revised statutes, when a deed is not recorded it is

valid, but potentially invalid against subsequently recorded interests

At what point does recordation take place?

when the docket and page number are assigned