CHAPTER 9 REVIEW

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  1. Title to real property is synonymous with ___.
    ownership
  2. The deed that provides the greatest protection to the grantee is the ___ ___ deed.
    general warranty
  3. The deed that is used to convey the property of a minor is the ___deed.
    guardian's
  4. Legal rights being conveyed are expressed in the ___ clause>
    habendum
  5. The quitclaim deed contains ___ warrants.
    no
  6. Title to real property passes to the grantee when the deed is ___ and ___.
    delivered, accepted
  7. Title by adverse possession may be obtained after ___years.
    seven
  8. Recording a document in the public records provides ___ notice.
    constructive
  9. To be valid, a deed must be signed by the ___ and ___ witnesses.
    grantor, two
  10. Actual notice is provided by ___ ___.
    physical possession
  11. The ___ title policy is transferable; the ___ is not.
    mortgagee, mortgagor
  12. An abstract can be made more useful by obtaining an attorney's written ___ ___ ___.
    opinion of title
  13. A ___ deed is one of three ways in which a defect in title can be cured.
    quitclaim
  14. The four rights of government that limit private property rights are ___ ___, ___ ___, ___, and ___.
    police power, eminent domain, taxation, escheat
  15. ___ ___ ___, ___ ___ and ______ ___ are classified as superior liens.
    real estate taxes, special assessments, federal estate taxes
  16. The party that receives rights as the result of an assignment is called the ___.
    assignee
  17. When a property is sublet, it creates a ___ lease.
    sandwich
  18. When all rights under a lease have been transferred for the entire lease period, the process is called ___.
    assignment
  19. From the seller's standpoint, a sale-leaseback results in ___ financing.
    100%

Card Set Information

Author:
mccullochhelen
ID:
331985
Filename:
CHAPTER 9 REVIEW
Updated:
2017-06-04 21:19:44
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RQ
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REVIEW QUESTIONS
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