Multiple Choice
A buyer takes his deed to the county courthouse and has it recorded. Later, the original deed is lost in a house fire. The buyer:
A) is in deep trouble since his title was destroyed.
B) is in deep trouble because only the original document is valid.
C) is fine, since the deed was just evidence of title and he can get a copy at the courthouse.
D) is fine if he can find the seller and get him to execute another deed.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: In a real estate transaction, the grantor
Q2: Why is a limited liability company (LLC)
Q4: Name four of the six essential elements
Q5: A deed is a document that serves
Q6: One of the main differences between joint
Q7: Ownership that is held by one person
Q8: If you are purchasing a piece of
Q9: In joint tenancies, the unity of title
Q10: In non-recourse financing, the lender will look
Q11: Which of the following are considered legal