Exam 14: Methods of Transfer and Conveyance in Real Estate

A special warranty deed has a warranty of title only.

Tacking relates to which element of adverse possession?

Title insurance is transferable to another buyer.

A deed that is not recorded is void.

A recorded deed cuts off the rights of future buyers of the same property.

Title insurance protects against the exceptions listed.

Title insurance affords coverage for zoning violations.

The difference between a warranty deed and a special warranty deed is:

A quitclaim deed does not pass title.

Grant Woods conveys a tract of land to Dee Dee Fitzpatrick. Dee Dee does not record her deed. Grant then conveys the same tract of land to Joe Arpaio, who also does not record his deed, but Joe is unaware of Dee Dee's acquisition. Then Grant conveys the same property to Larry Davis who knows about Dee Dee and Joe but records his deed. Who has title under a notice state statute?

In a grantor/grantee index, it is possible to miss a link in the title chain.

A grantor/grantee index:

Sam Johnson sold a one‑acre parcel of land he owned (located near Lake Havasu) to Henry Thoreau. Johnson conveyed it to Thoreau by warranty deed. Henry Thoreau is, in all literary and legal senses, a bona fide purchaser. Later Ralph W. Emerson approached Johnson about the same property, and Johnson sold it to him. Ralph, like Henry, received a warranty deed from Johnson and is a bona fide purchaser. Neither Henry nor Ralph has recorded their deeds. Johnson still later sold the same property to Emily Dickinson who was told of it (independently) by Ralph and Henry. Ralph and Henry had also described to Emily their shrewd purchases of the land. Upon receipt of the warranty deed from Johnson, Emily records immediately at the Mohave County Recorder's office. a. In a race state, who has title to the land? Explain. b. In a notice state, who has title to the land? Explain. c. In a race/notice state, who has title to the land? Explain. d. What is the significance of Johnson giving a warranty deed in each transfer? Does he have any liability? e. Could Johnson have used another type of deed to avoid liability?

For delivery of a deed to be valid:

Execution of a deed by a grantor and placement in the grantor's safe deposit box is sufficient for delivery.

​The following sequence of events has occurred: Day 1 - O conveys to A Day 2 - O conveys to B (bfp) Day 3 - B conveys to C (bfp) Day 4 - C records Day 5 - A records Who has title? (Determine title for all three types of recording jurisdiction.)

The warranty that the title to the property is free from encumbrances is given in which deed?

Delivery to an agent of the grantee is sufficient delivery.

In a pure race jurisdiction, only bona fide purchasers can take good title when dual claims are made.

Day 1 − Grantor transfers title to A Day 2 − Grantor transfers title to the same property to B Day 3 − Grantor transfers title to the same property to C (bfp) Day 4 − B records the deed from the grantor Day 5 − Grantor transfers title to D Day 6 − C records Day 7 − D records -Under a pure notice state, who takes title?