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Consider the following excerpt from a sample deed: Consider the following excerpt from a sample deed:  r, that the Seller is lawfully seized in fee simple of the above described property.  The underlined portion of the preceding statement represents which of the following basic requirements of a deed? A)  Habendum clause B)  Recital of consideration C)  Words of conveyance D)  Exceptions and reservations clauser, that the Seller is lawfully seized in fee simple of the above described property." The underlined portion of the preceding statement represents which of the following basic requirements of a deed?


A) Habendum clause
B) Recital of consideration
C) Words of conveyance
D) Exceptions and reservations clause

Correct Answer

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Once a document conveying an interest in real property is placed in the public records it is binding on the public, whether or not they make an effort to learn of it. Based on the common law tradition, this policy is known as the:


A) Statute of Frauds
B) doctrine of constructive notice
C) habendum clause
D) actual notice

Correct Answer

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Consider the following excerpt from a sample deed: "The Seller is lawfully seized in fee simple of the above described property,Consider the following excerpt from a sample deed:  The Seller is lawfully seized in fee simple of the above described property, .  The underlined portion of the preceding statement represents which of the following basic requirements of a deed? A)  Habendum clause B)  Recital of consideration C)  Covenant against encumbrances D)  Exceptions and reservations clause." The underlined portion of the preceding statement represents which of the following basic requirements of a deed?


A) Habendum clause
B) Recital of consideration
C) Covenant against encumbrances
D) Exceptions and reservations clause

Correct Answer

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A law requiring any contract conveying a real property interest to be in writing in order to be enforceable is a modern application of the:


A) Statute of Frauds
B) doctrine of constructive notice
C) habendum clause
D) actual notice

Correct Answer

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Although deeds can only deliver what a grantor actually owns, they can still vary in "quality." Which of the following types of deeds is considered to be the "highest quality" because it contains the full set of legal promises the grantor can make?


A) General warranty deed
B) Special warranty deed
C) Deed of bargain and sale
D) Quitclaim deed

Correct Answer

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The covenants in a deed are the most important differences among types of deeds. Which of the following covenants promises that the grantor truly has good title and the right to convey it?


A) Covenant of seizin
B) Covenant against encumbrances
C) Covenant of quiet enjoyment
D) Exceptions and reservation clause

Correct Answer

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Initially used to survey the Old Northwest Territory (Ohio, Indiana, Illinois, and Michigan) in 1789, which of the following methods of land description relies on townships and section numbers as essential units of identification?


A) metes and bounds
B) subdivision plat lot and block number
C) government rectangular survey
D) tax parcel number

Correct Answer

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A contract for sale of real estate usually calls for the seller to provide evidence of title as a requisite to completing the sale. Today, the predominant medium through which a seller meets this requirement is by providing:


A) only a title abstract.
B) only an attorney's opinion of title.
C) only a title insurance commitment.
D) only a seller's disclosure

Correct Answer

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The most flexible method of land description, capable of describing even the most irregular of parcels, can be described as a very precise, compass-directed walk around the boundary of a parcel. This method is commonly referred to as:


A) metes and bounds
B) subdivision plat lot and block number
C) government rectangular survey
D) tax parcel number

Correct Answer

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A

Which of the following covenants in a deed promises that the property is not burdened by liens, easements or other limitations, except as noted in the deed?


A) Covenant of seizin
B) Covenant against encumbrances
C) Covenant of quiet enjoyment
D) Exceptions and reservation clause

Correct Answer

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B

When a landowner subdivides land in a way that causes a parcel to be landlocked, it is possible for property to be voluntarily conveyed without a deed. If the landlocked parcel has no prior path of access, which of the following types of easements will automatically be created to make the land useful?


A) Easement by prior use
B) Easement of necessity
C) Easement by estoppel
D) Dedication

Correct Answer

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Recognizing that only recent conveyances alter the status of title, states have established laws that set limits on how far back a title search must go. These laws are commonly referred to as:


A) Statute of Frauds
B) recording statutes
C) encroachments
D) marketable title laws

Correct Answer

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Considered a "questionable conveyance of title" by most courts, which of the following types of deeds is worded to imply no claim of title, but rather only convey what interest the grantor actually has? (Hint: This type of deed may be used by a developer to convey certain lands of a subdivision to the local government through dedication.)


A) General warranty deed
B) Special warranty deed
C) Deed of bargain and sale
D) Quitclaim deed

Correct Answer

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Most often used in the description of urban property, which of the following methods of land description contains information regarding the location of various easements and may even contain a list of restrictive covenants?


A) metes and bounds
B) subdivision plat lot and block number
C) government rectangular survey
D) tax parcel number

Correct Answer

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The type of deed offered by the grantor is communicated through a phrase such as "does herby grant, bargain, sell and convey unto . . ." This clause is referred to as the:


A) recital of consideration
B) words of conveyance
C) covenant
D) habendum clause

Correct Answer

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B

The habendum clause defines or limits the type of interest being conveyed. The legal tradition recognizes certain words and phrases as signals of various real property interests. For example, the use of the phrase, "as long as," can communicate which of the following types of interests?


A) Fee simple absolute
B) Easement
C) Conditional Fee with Reverter
D) Tenancy for Years

Correct Answer

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While the vast majority of conveyances of real property are private grants through a deed, there are multiple ways in which voluntary conveyance can occur without a deed. Which of the following types of easements can occur if a landowner gives an adjacent landowner permission to depend on her land? (E.g. A landowner may give a neighbor permission to rely on sewer access or drainage across his or her land.)


A) Easement by prior use
B) Easement of necessity
C) Easement by estoppel
D) Dedication

Correct Answer

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The description of land in a deed must be unambiguous. All of the following would be considered acceptable legal descriptions of land EXCEPT:


A) Street Address
B) Subdivision plat lot and block number
C) Government rectangular survey
D) Metes and bounds

Correct Answer

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An owner of land may involuntarily and unknowingly give up the rights to land. When a fee simple interest is conveyed to a new owner without a deed and without the consent or knowledge of the original owner, this is said to be conveyed by:


A) Prescription
B) Adverse possession
C) Accretion
D) Reliction

Correct Answer

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A deed is a special form of written contract used to convey a permanent interest in real property. Unlike most contracts, a deed requires:


A) both parties to be legally competent and of legal majority age.
B) only the grantee to be legally competent and of legal majority age.
C) only the grantor to be legally competent and of legal majority age.
D) both parties to make promises to perform.

Correct Answer

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