Question 1

A lis pendens is notice of a pending action.

Accepted Answer

A) True 
 B)False  True

Question 2

Undue influence constitutes grounds for setting aside a conveyance by deed.

Accepted Answer

A) True 
 B)False  True

Question 3

An "X" is not a sufficient signature for a deed.

Accepted Answer

A) True 
 B)False  False

Question 4

Day 1 - O conveys to A (bfp)
Day 2 - O conveys to B
Day 3 - O conveys to C (bfp)
Day 4 - B records
Day 5 - A records
Day 6 - C records
Under a race statute, who has title?

Accepted Answer

A)  A 
B)  B 
C)  C 
A)  A 
B)  B 
C)  C

Question 5

If a deed is executed, acknowledged and recorded, there is presumption of delivery and acceptance.

Accepted Answer

A) True 
 B)False

Question 6

An identity sheet is used:

Accepted Answer

A) To compare criminal records of grantors. 
B) To reconcile different spellings of names or names with middle initials in the chain of title. 
C) When there is a dispute over the physical identification of the grantor. 
D) When there are issues of adverse possession associated with a tract of land. 
A) To compare criminal records of grantors. 
B) To reconcile different spellings of names or names with middle initials in the chain of title. 
C) When there is a dispute over the physical identification of the grantor. 
D) When there are issues of adverse possession associated with a tract of land.

Question 7

Which of the following is not a warranty given under a general warranty deed?

Accepted Answer

A)  The grantor has good title 
B)  The grantee will have the right to quiet enjoyment 
C)  The warranties are limited to the time the grantor held title 
D)  There are no encumbrances other than those noted on the deed 
A)  The grantor has good title 
B)  The grantee will have the right to quiet enjoyment 
C)  The warranties are limited to the time the grantor held title 
D)  There are no encumbrances other than those noted on the deed

Question 8

Actual and exclusive possession requires the adverse possessor to be on the property at all times.

Accepted Answer

A) True 
 B)False

Question 9

For adverse possession, which of the following is not required?

Accepted Answer

A)  Open and notorious use 
B)  Exclusive possession 
C)  Permissive use 
D)  A dispute between landowners 
A)  Open and notorious use 
B)  Exclusive possession 
C)  Permissive use 
D)  A dispute between landowners

Question 10

A quitclaim deed has a warranty of title only.

Accepted Answer

A) True 
 B)False

Question 11

What is required to establish undue influence in attempting to set aside a property transfer?

Accepted Answer

A)  Relationship of privilege (Attorney, accountant, priest) 
B)  Confidential relationship 
C)  No will 
D)  Mental incapacity 
A)  Relationship of privilege (Attorney, accountant, priest) 
B)  Confidential relationship 
C)  No will 
D)  Mental incapacity

Question 12

A grant reads: "O does hereby quitclaim to B his farm, Hoosier Acres."

Accepted Answer

A)  The deed is a quitclaim deed 
B)  O does not validly transfer title to B 
C)  B has no interest in Hoosier Acres 
D)  The deed is also a bargain and sale deed 
A)  The deed is a quitclaim deed 
B)  O does not validly transfer title to B 
C)  B has no interest in Hoosier Acres 
D)  The deed is also a bargain and sale deed

Question 13

Title insurance does not cover issues related to misplaced boundary lines.

Accepted Answer

A) True 
 B)False

Question 14

Which deed provides the highest degree of title protection?

Accepted Answer

A) Quitclaim 
B) Bargain and sale 
C) Special warranty 
D) Warranty 
A) Quitclaim 
B) Bargain and sale 
C) Special warranty 
D) Warranty

Question 15

Tacking allows cumulation of time of uses by adverse possessors.

Accepted Answer

A) True 
 B)False

Question 16

Ralph has fenced in twelve extra acres of land on his farm. He did so because of a mistake in the boundary survey. Ralph has planted the twelve acres every other year for 22 years. Discuss Ralph's rights.

Accepted Answer

?Ralph has acquired title by adverse pos

Question 17

Assume the following sequence of events:
Day 1 - O conveys to A
Day 2 - O conveys to B (bfp)
Day 3 - B records
Day 3 - O conveys to C (bfp)
In a notice state, who will have title to the property?

Accepted Answer

A) A 
B) B 
C) C 
A) A 
B) B 
C) C

Question 18

Summary of transfers and recording:
Day 1 0 → A
Day 2 0 → B (bfp)
Day 3 B records
Day 4 A records
-In a race state, who would take title to the property?

Accepted Answer

A)  A 
B)  B 
A)  A 
B)  B

Question 19

William Small purchased three lots located in the El Encanto subdivision in Tucson, Arizona, from the Mullins. Small had the lots reconfigured so that he could build a certain style and positioned home, but then changed his mind. The plat map still carried the original lot lines. Over the course of 12 years, three homes and two swimming pools along with patio home walls between each of the lots were added. Architects for the homes used the plat maps. The result was that the homes, pool, and walls encroached on the boundary lines of the other lots, according to the legal description Small had put on the deeds. If the adverse possession statute in Arizona is 10 years:

Accepted Answer

A) Small still has title to the original land because the boundary confusion is a mistake. 
B) Those who own the encroaching homes and pools have acquired title. 
C) The use is permissive and does not qualify for adverse possession. 
D) Small needs to be aware of the adverse possession before the 10 years begins to run. 
A) Small still has title to the original land because the boundary confusion is a mistake. 
B) Those who own the encroaching homes and pools have acquired title. 
C) The use is permissive and does not qualify for adverse possession. 
D) Small needs to be aware of the adverse possession before the 10 years begins to run.

Question 20

An executor need only sign his name to the deed to transfer title.

Accepted Answer

A) True 
 B)False

Exam 14: Methods of Transfer and Conveyance in Real Estate

A lis pendens is notice of a pending action.

Undue influence constitutes grounds for setting aside a conveyance by deed.

An "X" is not a sufficient signature for a deed.

Day 1 - O conveys to A (bfp) Day 2 - O conveys to B Day 3 - O conveys to C (bfp) Day 4 - B records Day 5 - A records Day 6 - C records Under a race statute, who has title?

If a deed is executed, acknowledged and recorded, there is presumption of delivery and acceptance.

An identity sheet is used:

Which of the following is not a warranty given under a general warranty deed?

Actual and exclusive possession requires the adverse possessor to be on the property at all times.

For adverse possession, which of the following is not required?

A quitclaim deed has a warranty of title only.

What is required to establish undue influence in attempting to set aside a property transfer?

A grant reads: "O does hereby quitclaim to B his farm, Hoosier Acres."

Title insurance does not cover issues related to misplaced boundary lines.

Which deed provides the highest degree of title protection?

Tacking allows cumulation of time of uses by adverse possessors.

Ralph has fenced in twelve extra acres of land on his farm. He did so because of a mistake in the boundary survey. Ralph has planted the twelve acres every other year for 22 years. Discuss Ralph's rights.

Assume the following sequence of events: Day 1 - O conveys to A Day 2 - O conveys to B (bfp) Day 3 - B records Day 3 - O conveys to C (bfp) In a notice state, who will have title to the property?

Summary of transfers and recording: Day 1 0 → A Day 2 0 → B (bfp) Day 3 B records Day 4 A records -In a race state, who would take title to the property?

An executor need only sign his name to the deed to transfer title.

Sources of Real Estate Law

Land Interests: Present and Future

Extent of Real Estate Interests

Nonpossessory Interests in Real Estate

Fixtures

Liens

Describing Land Interests

Co-Ownership of Real Estate

The Landlord-Tenant Relationship

Commercial Leases

Real Estate Communities: Multiunit Interests and Owners Associations

The Brokers Role in the Transfer of Real Estate

The Purchase Contract

Financing in the Transfer of Real Estate

Closing the Deal

Transferring Real Estate After Death: Wills, Estates, and Probate

Zoning

Constitutional Issues in Real Estate

Environmental Regulation and Sustainability

Legal Issues in Land and Economic Development

Tax Aspects of Real Estate Ownership and Transfer

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