Real Estate Principles - Chapter Four; Transferring Real Estate
Private land can be conveyed for public use or ownership by all of these methods EXCEPT a.) adverse possession. b.) common law dedication. c.) statutory dedication. d.) deed.
a.) (adverse possession.)
Accretion is the process of accumulating new soil a.) along a flowing body of water. b.) adjacent to an ocean. c.) next to a lake. d.) close to a baseline.
a.) (along a flowing body of water.)
If an owner devotes land to a public use, such as a roadway, a transfer occurs by a.) common law dedication. b.) condemnation. c.) escheat. d.) partition.
a.) (common law dedication.)
The right of a government agency to take private property for a public use is called a.) eminent domain. b.) escheat. c.) a quiet title action. d.) a partition action.
a.) (eminent domain.)
If a person dies without leaving a will, that person dies a.) intestate. b.) administratively. c.) testate. d.) statutorily.
a.) (intestate.)
In order to be a valid, a grant deed does NOT require a.) recording. b.) a granting clause. c.) the signature of the grantor. d.) a proper writing.
a.) (recording.)
Which type of deed would be used when the purchaser pays off a loan secured by the real estate? a.) Quitclaim deed b.) Reconveyance deed c.) Grant deed d.) Trust deed
b.) (Reconveyance deed)
A holographic will does NOT have to be a.) signed. b.) witnessed. c.) dated. d.) entirely handwritten.
b.) (witnessed.)
Which of the following deeds is a security instrument? a.) Quitclaim deed b.) Sheriff's deed c.) Grant deed d.) Trust deed
d.) (Trust deed)
Land is torn by the action of water in the process called a.) accretion. b.) evolution. c.) avulsion. d.) reliction.
c.) (avulsion.)