Gold Coast Florida Real Estate Exam - Chapter 9 Practice Questions |100% Correct Q&A|

Gold Coast Florida Real Estate Exam - Chapter 9 Practice Questions |100% Correct Q&A| A Bargain and Sale Deed contains only one warrant. What warrant is that? *Ans* a warrant of seisin A certificate of title is used *Ans* to show ownership in the event of a foreclosure A General Warranty Deed is *Ans* Most common of any deed A General Warranty Deed is also known as a *Ans* simple warranty deed A Quitclaim Deed contains what kind of warrants? *Ans* Contains no warrants of any kind A quitclaim is most frequently used to *Ans* cure defects in title A search of the public records, linking all past owners of a parcel of land, from the root of the title to the present day, is called *Ans* chain of title or an Abstract A Special Warranty Deed offers protection to the grantee only for *Ans* claims made by the grantor or other's representing them Alienation may be *Ans* voluntary or involuntary. Alienation of title is accomplished by executing a document called a *Ans* deed. An easement by necessity creates two *Ans* separate estates Clauses in Deeds A Habendum Clause *Ans* Aka To have and to hold Specifies legal rights to be conveyed Clauses in Deeds A Premises Clause is *Ans* the only legally necessary clause required in a deed Names the Parties Contains Words of Conveyance States a Consideration Includes Date of Transfer And provides the Legal Description Constructive Notice also called legal notice, is achieved by *Ans* recording documents in the public records. Deed restrictions are most commonly placed by what entity *Ans* a builder, developer or an HOA Deed restrictions may limit what? *Ans* They may limit virtually anything from height, color, architectural style, fences and even landscapin