RE Cpt 3C

A type of deed where the grantor guarantees that he or she holds clear title to a piece of real estate and has a right to sell it to the grantee is known as what...? A. Full Covenant and Warranty Deed B. Referee's Deed C. Bargain and Sale Deed D. Quitclaim Deed

A

Alluvion is caused by a process known as what...? A. Accretion B. Land Reclamation C. Accession D. Enlargement

A

In an executor's deed, the deceased person is also known as who...? A. Testator B. Grantor C. Grantee D. Seller

A

Joe is selling his house to Kevin for $520,000. Kevin is known as who in the transaction...? A. Grantee B. Grantor C. Mortgagee D. Mortgagor

A

The New York General Obligations Law Section 5-703 refers to what...? A. Statute of Frauds B. Statute of Limitations C. Procedure for Closing D. Real Property Law

A

The buyer in a transaction is known as the...? A. Mortgagee B. Grantor C. Grantee D. Mortgagor

A

The transfer of title during a typical 'arm's length' transaction is an example of what...? A. Voluntary Alienation B. Public Grant C. Involuntary Alienation D. Gift

A

This type of deed contains the strongest guarantee of title...? A. Full Covenant and Warranty Deed B. Referee's Deed C. Bargain and Sales Deed D. Quitclaim Deed

A

This type of deed is typically used when a property is being gifted to another party? A. Full Covenant and Warranty Deed B. Referee's Deed C. Executor Deed D. Quitclaim Deed

A

Which is NOT an essential part of deed..? A. Recording B. Habendum C. Premises D. Execution

A

Which part of a deed describes the facts of the transaction...? A. Premises B. Habendum C. Execution D. Acknowledgement

A

A deed conveying real property without covenants is known as what...? A. Quitclaim Deed B. Bargain and Sale Deed C. Referee's Deed D. Full Covenant and Warranty Deed

B

A formal declaration before a duly authorized officer by a person who has executed an instrument that such execution is the person's act and deed is known as what...? A. Permission B. Acknowledgement C. Accession D. Authorization

B

A mode of acquiring property that involves the addition of value to property through labor or the addition of new materials is known as what...? A. Enlargement B. Accession C. Accretion D. Avulsion

B

A person who owns a property on a river delta also takes ownership of any additional land that builds up along that riverbank due to natural deposits or man made deposits is an example of what...? A. Accretion B. Accession C. Enlargement D. Avulsio

B

Abby is gifting her property to her family at the end of the year. Abby will be performing what type of transfer...? A. Public Grant B. Voluntary Alienation C. Involuntary Alienation D. Conveyance

B

What type of deed is typically delivered by a 3rd party...? A. Bargain and Sale Deed B. Referee's Deed C. Quitclaim Deed D. Full Covenant and Warranty Deed

B

A deed and a contract have similar legal requirements in regards to what...? A. How they are transferred to the buyer B. Allowing a deed to take the place of a contract C. Allowing the documents to be enforceable D. Allowing a contract to take the place of a deed

C

A section of a deed that may refer to a plat map, which includes the block and lot number of a particular piece of property is known as what...? A. Survey B. Property Line C. Reference to a Plat D. Metes and Bounds

C

The means or medium by which title of real estate is transferred is known as what...? A. Dedication B. Closing C. Conveyance D. Consideration

C

What warranty is typically NOT provided in a Full Covenant and Warranty Deed...? A. The purchaser has full possession of the property B. There are no hostile claims to the property title C. There are no outstanding violations D. Warranty of title

C

A deed which conveys simply the grantor's rights or interest in real estate, without any agreement or covenant as to the nature or extent of that interest, or any other covenants is known as what...? A. Bargain and Sale Deed B. Referee's Deed C. Full Covenant and Warranty Deed D. Quitclaim Deed

D

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 what...? A. Description B. Lot and Block C. Plot Plan D. Metes and Bounds

D

The process by which a parcel of land is measured and its area ascertained is referred to as what...? A. Plot Plan B. Plat Map C. Metes and Bounds D. Survey

D

This type of deed is usually used to remove a cloud from the title...? A. Full Covenant and Warranty Deed B. Bargain and Sales Deed C. Referee's Deed D. Quitclaim Deed

D