REAL 4000 Test 2 Singh Exam
Questions and Answers
general warranty deed - -includes covenants of seizin, no encumbrances,
and quiet enjoyment
highest quality deed
- Special Warranty Deed - --includes all three covenants but "no
encumbrances" limited to the period that the grantor owned the property
- Deed of bargain and sale - --no covenants
-ownership is implied
-implies that property is being conveyed
- quitclaim deed - --imply no claim to title, only to claim what claim the
guarantor actually has, if any
-no covenants
-does not imply actual ownership
-does not imply that any property is being conveyed
-use to clear up possible title imperfections quickly and cheaply
- delivered - -deed must be ______ to be valid
- deed - -written contract used to convey real property
- conveyance - -permanent transfer of rights to real property
- bundle of rights, rights to land are enduring, land is continuous on surface -
-real estate is 3 things
- -confirms that it is the grantor's intention to convey real property to the
grantee
-defines the type of deed - -words of conveyance offer 2 things:
- covenant - -legally binding promises that the grantor makes to the
grantee
- covenant of seizin - -promise that the grantor has good title and the right
to convey it
- covenant against encumbrances - -promise that there are no
encumbrances (debts, easements, etc) other than those that the grantee has
been made aware of
Questions and Answers
general warranty deed - -includes covenants of seizin, no encumbrances,
and quiet enjoyment
highest quality deed
- Special Warranty Deed - --includes all three covenants but "no
encumbrances" limited to the period that the grantor owned the property
- Deed of bargain and sale - --no covenants
-ownership is implied
-implies that property is being conveyed
- quitclaim deed - --imply no claim to title, only to claim what claim the
guarantor actually has, if any
-no covenants
-does not imply actual ownership
-does not imply that any property is being conveyed
-use to clear up possible title imperfections quickly and cheaply
- delivered - -deed must be ______ to be valid
- deed - -written contract used to convey real property
- conveyance - -permanent transfer of rights to real property
- bundle of rights, rights to land are enduring, land is continuous on surface -
-real estate is 3 things
- -confirms that it is the grantor's intention to convey real property to the
grantee
-defines the type of deed - -words of conveyance offer 2 things:
- covenant - -legally binding promises that the grantor makes to the
grantee
- covenant of seizin - -promise that the grantor has good title and the right
to convey it
- covenant against encumbrances - -promise that there are no
encumbrances (debts, easements, etc) other than those that the grantee has
been made aware of
