Donaldson Realtor Course: Transfer of Property
Questions and Correct Answers/ Latest Update /
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Which of the following will a standard Title Insurance Policy usually cover?
Select one:
A. Unrecorded documents
B. Survey inaccuracies
C. Unrecorded rights of persons in possession
D. None of the above are usually covered Correct
Ans: D. None of the above are usually covered
John dies intestate. Which law decides how his property is transferred at his death?
Select one:
A. Descent and Distribution Correct
B. The Law of Wills
C. Eminent Domain
D. Habendum
Ans: A. Descent and Distribution
Mary lives on a lake that is getting smaller because the wetlands are disappearing.
Mary's land is expanding because the area between her house and the lake is
getting larger as the lake gets smaller. She is obtaining possession of this land
through
, 2 | Page
Select one:
A. Renunciation
B. Avulsion
C. Reliction Correct
D. Escheat
Ans: C. Reliction
Which type of Deed does the owner acknowledge ownership but makes no
warranties of title?
Select one:
A. General Warranty Deed
B. Special Warranty Deed
C. Bargain and Sale Deed Correct
Please refer to Section H, page 2.2
D. Quitclaim Deed
Ans: C. Bargain and Sale Deed
The clause in a Deed that means "to have and to hold" is the
Select one:
A. Granting Clause
B. Habendum Clause Correct