Donaldson Realtor Course: Transfer of Property Questions and Answers

Donaldson Realtor Course: Transfer of Property
Questions and Answers



Q: 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

✓✓ D. None of the above are usually covered


Q: 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

✓✓ A. Descent and Distribution


Q: 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


Select one:
A. Renunciation
B. Avulsion
C. Reliction Correct
D. Escheat

✓✓ C. Reliction


Q: 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

✓✓ C. Bargain and Sale Deed


Q: The clause in a Deed that means "to have and to hold" is the


Select one:
A. Granting Clause