Deck 40: Transfer of Real Property

Question 1

What action serves to transfer title to real estate?

A)recording of the deed in the real property records
B)the seller signing the deed
C)delivery of the deed to the purchaser
D)listing the property with a real estate agent

Answer 1

C

Question 2

​ Any amount paid to a grantor for his property is a consideration.

Answer 2

True

Question 3

In an affirmative covenant, a grantee agrees to refrain from doing something. ​

Answer 3

False

Question 4

A deed warrants that a grantor has good title to a real property and further warrants that the grantor will defend the grantee against all claims by third parties. ​

A)specific warranty
B)quitclaim warranty
C)conditional warranty
D)general warranty

Question 5

Quitclaim deeds have been made illegal in most jurisdictions.

Question 6

Which of the following is a provision in a deed? ​

A)The spouse of the grantee must sign the deed along with the grantee as a witness.
B)The grantee's marital status must be mentioned in the deed.
C)The grantor's personal income must be mentioned in the deed.
D)The statement of the consideration paid by the grantee must be mentioned in the deed.

Question 7

A deed that transfers whatever interest a grantor has in a property, but makes no claims as to what that interest may be, is known as a . ​

A)conditional deed
B)quitclaim deed ​
C)general warranty deed
D)warranty deed

Question 8

The title to real property passes before the delivery of the deed. ​

Question 9

When a grantee is married, a spouse generally also has a statutory right to the property.

Question 10

A special warranty deed warrants that a grantor has the right to sell a personal property. ​

Question 11

Recording a deed protects the grantee against a second sale by the grantor. ​

Question 12

A person receiving title to property is known as a grantor. ​

Question 13

The key question for delivery is whether the grantor has given up over the property. ​

A)tenancy
B)control
C)maintenance
D)warranties

Question 14

Explain any two provisions contained in a deed. ​

Question 15

Which of the following best describes a covenant? ​

A)It is a promise contained in a deed.
B)It is a nominal consideration contained in a deed.
C)It is a description of property contained in a deed.
D)It is a value of consideration contained in a deed.

Question 16

The grantor and grantee must be identified in a deed.

Question 17

The abstract of title shows whether or not there are any unpaid taxes on a property. ​

Question 18

An example of an affirmative covenant is: ​

A)to build no higher than a three-story building
B)to use the property only as a wilderness reserve
C)to contribute to the maintenance of a shared driveway
D)to build no closer than twenty feet from the edge of the lot

Question 19

Even when an owner makes a gift of real property, the transfer must be evidenced by a deed.
​

Question 20

Which of the following is true of abstract of title? ​

A)It shows if there are any unpaid taxes or judgements.
B)It provides evidence of any past forgeries of signature.
C)It specifies if there any personal property additions with the property.
D)It is prepared by the grantor.