Chapter 3.C Activity 2

Something of value, including money is known as___

Consideration

Legal policy mandates that a deed to real property be a matter of public record; therefore, a deed must be properly recorded. This is referred to as___

Delivery and Acceptance

A clause in a deed or lease that defines the type of interest and rights to be enjoyed by the grantee or lessee. This clause is also known as the "to have and to hold'" clause___

Habendum clause

A term used in describing the boundary lines of land, seeing forth all the boundary lines together with their terminal points and angles is known as___

Metes and Bounds

This consists of the written words which delineate a specific piece of real property___

Schedule A