Unit 4 Quiz!

In order to be valid, a grant deed does NOT require: (a)a granting clause. (b)recording. (c)the signature of the grantor. (d)a proper writing.

(b)recording.

Which type of deed would be used when the purchaser pays off a loan secured by the real estate? (a)Trust deed (b)Quitclaim deed (c)Reconveyance deed (d)Grant deed

(c)Reconveyance deed

If a person dies without leaving a will, that person dies: (a)intestate. (b)statutorily. (c)testate. (d)administratively.

(a)intestate. (not having made a will before one dies.)

A holographic will does NOT have to be: (a)witnessed. (b)entirely handwritten. (c)signed. (d)dated.

(a)witnessed. (handwritten = holographic)

Land is torn away by the action of water in the process called: (a)evolution. (b)avulsion. (c)accretion. (d)reliction.

(b)avulsion. (action of pulling or tearing away.)

If an owner devotes land to a public use, such as a roadway, a transfer occurs by: (a)condemnation. (b)common law dedication (c)partition. (d)escheat.

(b)common law dedication (For example, Catlin will simply deed the land to be dedicated to the city.)

the right of a government agency to take private property for a public use is called: (a)a quiet title action. (b)eminent domain. (c)a partition action. (d)escheat.

(b)eminent domain.

Which of the following deeds is a security instrument? (A security instrument is a mortgage deed that gives your lender a stake in your property.) (a)Quitclaim deed (b)Grant Deed (c)Trust Deed (d)Sheriff's deed

(c)Trust Deed (legal document that grants the lender the rights to take the property if the borrower goes into default and does not pay under the terms of the Note.)

Accretion is the process of accumulating new soil: (a)next to a lake. (b)adjacent to an ocean. (c)along a flowing body of water. (d)close to a baseline.

(c)along a flowing body of water. (Land cannot be acquired for public use by adverse possession.)

Private land can be conveyed for public use or ownership by all of these methods EXCEPT: (a)deed. (b)statutory dedication. (c)common law dedication. (d)adverse possession.

(d)adverse possession. (person who wants to claim someone else's land must not only use it for at least five years,)