Section 2 Barney Fletcher GA Exam Questions and Answers (Graded A)

Section 2 Barney Fletcher GA Exam Questions and Answers (Graded A) Title - Ans ️️ The right to, ownership of land. Alienation of title - Ans ️️ any change of ownership THREE TYPES OF TITLES - Ans ️️ LEGAL TITLE EQUITABLE TITLE BARE LEGAL TITLE legal title - Ans ️️ The right of ownership possession,use,occupancy,and enjoyment of a parcel of real property held by an owner. Equitable Title - Ans ️️ The interest in a piece of a real estate held by a buyer under a real estate sales contract, or a contract for a deed, obtain absolute ownership of the property at a future Special Warranty Deed - Ans ️️ A deed in which the grantor warrants only against claims that arise from his ownership Right of Survivorship - Ans ️️ The right whereby a surviving joint tenant gains sole title to the property Junior Lien - Ans ️️ A lien whose claim upon the asset is subordinate to another lien. The order of priority is usually established according to date of recordation