Exam 34: Acquiring Title to Real Property

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What term describes the gradual eating away of the soil by the operation of currents?

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C

Match the terms with their descriptions: -Right of redemption

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J

A sheriff's sale is accomplished by public auction after a notice is given to the property's owner.

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True

Under what circumstances may title to real property be divested by the administrator of the estate?

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Before going to work abroad, Susan authorized Mike to manage her property and pay taxes. Upon return to the U.S., Susan found a notice from the municipality that she is delinquent on property taxes and, if the debt is not paid, her property will be taken and sold at a public auction. What can Susan do to keep her house?

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Municipalities have the power to take real property for unpaid taxes.

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Who are parties to a deed?

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A deed is a formal written instrument used to transfer title from a vendee to a vendor.

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Match the terms with their descriptions: -Reliction

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At the beginning of a lawsuit, the plaintiff may ________ the defendant's real property.

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A person transferring property by sale is a(n) ________.

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When the soil has been gradually eating away by the operation of currents, it is called ________.

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An attachment is taking property by the use of a writ and bringing it into the custody of the sheriff.

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What is your opinion on the acquisition of land by adverse possession? Present arguments for and against this law.

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All states require a court proceeding to obtain clear title to real property acquired by adverse possession.

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After the American Revolution, any land that was not owned by individuals remained the property of the foreign governments.

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What is a way to acquire title to real property?

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In 1862, President Lincoln signed into law the ________ Act.

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By the beginning of the 19th century, millions of acres of public land became privately owned.

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A mortgagee's foreclosure sale takes place when the mortgagee is not paid and decides to sell the property to acquire the sum of money owed by the homeowner.

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