Montana Real Estate Exam - Deeds
The General Warranty Deed is also known as: - answer Warranty Deed
Which deed provides the best protection for a buyer? - answer General Warranty
Which deed gives no guarantees but transfers whatever ownership interest the grantor
has? - answer Special Warranty Deed
The deed most commonly used in America for both residential and commercial
transactions is the: - answerWarranty Deed
What document is generally used to transfer ownership of personal property? -
answerBill of Sale
Which deed guarantees that title is marketable? - answer General Warranty Deed
The covenants of quiet enjoyment and further assurances are found in which deed? -
answerGeneral Warranty Deed
When selling housing, most developers use a: - answer General Warranty Deed
The appropriate deed for a charitable donation is the: - answerQuitclaim Deed
A valid deed requires each of the following EXCEPT: - answerActual purchase price
A valid deed requires each of the following EXCEPT: - answerSignature of the grantee
A valid deed must have: - answerThe grantee's name
The document evidencing the end of one person's ownership and the initiation of
another person's ownership is the: - answerDeed
A Special Warranty Deed: - answerWarrants that no new title defects were created
during the Grantor's ownership period.
A Quitclaim Deed: - answerConveys the same title as would be conveyed by a General
Warranty Deed.
Paula and Ken, a married couple, own a vacant commercial lot. Their deed specifies
that Paula and Ken each own half of the log. Paula and Ken are estranged and Paula
has decided to sell to the ABC Investment Corp. ABC assumed that Paula was the sole
owner. Paula signed a General Warranty Deed and specified that she was transferring
The General Warranty Deed is also known as: - answer Warranty Deed
Which deed provides the best protection for a buyer? - answer General Warranty
Which deed gives no guarantees but transfers whatever ownership interest the grantor
has? - answer Special Warranty Deed
The deed most commonly used in America for both residential and commercial
transactions is the: - answerWarranty Deed
What document is generally used to transfer ownership of personal property? -
answerBill of Sale
Which deed guarantees that title is marketable? - answer General Warranty Deed
The covenants of quiet enjoyment and further assurances are found in which deed? -
answerGeneral Warranty Deed
When selling housing, most developers use a: - answer General Warranty Deed
The appropriate deed for a charitable donation is the: - answerQuitclaim Deed
A valid deed requires each of the following EXCEPT: - answerActual purchase price
A valid deed requires each of the following EXCEPT: - answerSignature of the grantee
A valid deed must have: - answerThe grantee's name
The document evidencing the end of one person's ownership and the initiation of
another person's ownership is the: - answerDeed
A Special Warranty Deed: - answerWarrants that no new title defects were created
during the Grantor's ownership period.
A Quitclaim Deed: - answerConveys the same title as would be conveyed by a General
Warranty Deed.
Paula and Ken, a married couple, own a vacant commercial lot. Their deed specifies
that Paula and Ken each own half of the log. Paula and Ken are estranged and Paula
has decided to sell to the ABC Investment Corp. ABC assumed that Paula was the sole
owner. Paula signed a General Warranty Deed and specified that she was transferring
