CHAPTER 2 - OWNERSHIPS and TRANSFERS

In order for a deed to transfer title it must be:

Delivered.

The reverting and property to the State after five years for lack of heirs, is known as:

Escheat

The signature on a deed is acknowledged by the:

Grantor.

A will which the signature and the material provisions of the Will are in the handwriting of the maker, is called a:

Holographic will.

Effective delivery of a deed depends on the:

Intention of the grantor.

The unities that are necessary to create a joint tenancy relationship in the ownership of real property are:

Possession, title, interest, and time.

The one unity held with the other co-owner(s) in a tenancy in common relationship is:

Possession.

Escheat is a legal term meaning:

Property has reverted to the state.

If you hold title to property and joint tenancy with another or others, you may:

Sell your interest in the property.

Severalty ownership of a real estate means:

Sole ownership by one person.

Under California law, title to real property can be transferred in all of the following ways except by:

Sufferance.

The most distinguishing characteristic of a joint tenancy holding is:

Survivorship.

A deed would be void and invalid if the grantee:

Was a deceased person.

The deed, which transfers title to real property but contains no express or implied warranties is:

A quitclaim deed.

The gradual and imperceptible accumulation of soil on property bordering a stream or river is known as:

Accretion.

Title to real property acquired by adverse possession is usually perfected by:

A quiet title action.

A married woman can will:

1/2 of the community property.

A gift deed that has been delivered and recorded could be set aside or voided by:

A creditor of the grantor.

The person who acquires real property under the terms of a will is known as:

A devisee.

Community property is property owned by:

A husband and wife.