Exam 34: Acquiring Title to Real Property

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Match the terms with their descriptions: -Divested

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Foreclosure sales under a deed of trust are always subject to court supervision.

(True/False)
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What term describes a person borrowing money and giving a mortgage?

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Match the terms with their descriptions: -Homestead Act

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Define a mortgage, a mortgagor, and a mortgagee. Discuss the process of a mortgagee's foreclosure sale.

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After the municipality had taken someone's real property for unpaid taxes, the former owner can get his or her property back by using right of ________.

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Match the terms with their descriptions: -Vendor

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To obtain title to real property by adverse possession, how must the actual possession of property be done?

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After the death of a tenant in common, title to the deceased's property passes to his or her heirs.

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What term describes an accumulation of possession by different occupiers who are not record owners?

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Match the terms with their descriptions: -Seisin

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Who can terminate the right of redemption?

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Traditionally, only a deed under seal was effective.

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Match the terms with their descriptions: -Deed

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What term describes an addition to the soil made by nature?

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After the American Revolution, what happened to any land not owned by individuals?

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What term describes a formal, written instrument used to transfer title to real property from one person to another?

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Who could apply for land grants under the Homestead Act?

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Adverse possession is an illegal way of acquiring real property.

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What term describes a sale of property at public auction conducted by a sheriff?

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