Question 1

Unlike other forms of evidence of title, title insurance guards the grantee against certain risks. However, there are a number of important limits to title insurance. Which of the following is an example of the limits to title insurance?

Accepted Answer

A)   It does not protect the grantee from the threat of physical damage to the property.
B)   It does not protect a grantee against the legal costs of defending the title
C)   It does not protect a grantee against loss of the property in case of an unsuccessful title defense.
D)   It does not protect against legal attack on the owner's title arising from a claim that diminishes the owner's rights of use.

Question 2

The quality of deeds differs based on the types of covenants they include. The special warranty deed is identical to the general warranty deed in all ways EXCEPT its conveyance of which of the following covenants?

Accepted Answer

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

Question 3

Which of the following covenants in a deed promises that the property will not be claimed by someone with a better claim to title?

Accepted Answer

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

Question 4

Which of the following clauses contained in a deed defines or limits the type of interest being conveyed?

Accepted Answer

A)   Recital of consideration
B)   Words of conveyance
C)   Covenant
D)   Habendum clause

Question 5

While several kinds of real property conveyances result from events beyond the control of the grantor, the majority of conveyances are voluntary through a deed. Which of the following is an example of a voluntary conveyance of real property with a deed?

Accepted Answer

A)   Patent
B)   Probate
C)   Condemnation
D)   Implied Easement

Question 6

One of the most important requirements of a land description is for it to be unambiguous. Which of the following methods of property description is the most unambiguous and is appropriate for use in legal documents?

Accepted Answer

A)   Street Address
B)   Tax parcel number
C)   Reference to prominent features of the land (e.g. monuments, river banks, roads) 
D)   Metes and bounds

Question 7

In order for a deed to be a valid conveyance of property, there must be an observable, verifiable transfer of the deed to the grantee. Typically this is accomplished when the grantor hands the deed to the grantee at closing. Which of the following basic requirements of a deed does this represent?

Accepted Answer

A)   Acknowledgment
B)   Delivery
C)   Words of conveyance
D)   Recital of consideration

Question 8

In creating evidence of title, a title search attempts to identify the sequence of conveyances passing ownership down through time. This sequence is more commonly referred to as the:

Accepted Answer

A)   Title abstract
B)   Title commitment
C)   Chain of title
D)   Root of title

Question 9

At the death of a property owner, property will convey either in accordance with a will or without a will. If a will dictates the distribution of the decedent's real property, the property is said to be:

Accepted Answer

A)   patented
B)   devised
C)   conveyed by the law of descent
D)   dedicated

Question 10

Consider the following excerpt from a sample deed: "The Seller covenants with The Buyer that it has a good right to convey, that the property is free from all encumbrances, and that it forever warrants to defend all of the property so granted to The Buyer against every person lawfully claiming the same." Based on your understanding of the relation between a deed's covenants and the type of deed being conveyed, which type of deed is being conveyed in the statement above?

Accepted Answer

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

Exam 3: Conveying Real Property Interests

Which of the following covenants in a deed promises that the property will not be claimed by someone with a better claim to title?

Correct Answer
verified

At the death of a property owner, property will convey either in accordance with a will or without a will. If a will dictates the distribution of the decedent's real property, the property is said to be:

Correct Answer
verified

Unlike other forms of evidence of title, title insurance guards the grantee against certain risks. However, there are a number of important limits to title insurance. Which of the following is an example of the limits to title insurance?

Correct Answer
verified

One of the most important requirements of a land description is for it to be unambiguous. Which of the following methods of property description is the most unambiguous and is appropriate for use in legal documents?

Correct Answer
verified

The quality of deeds differs based on the types of covenants they include. The special warranty deed is identical to the general warranty deed in all ways EXCEPT its conveyance of which of the following covenants?

Correct Answer
verified

Which of the following clauses contained in a deed defines or limits the type of interest being conveyed?

Correct Answer
verified

Correct Answer
verified

In creating evidence of title, a title search attempts to identify the sequence of conveyances passing ownership down through time. This sequence is more commonly referred to as the:

Correct Answer
verified

While several kinds of real property conveyances result from events beyond the control of the grantor, the majority of conveyances are voluntary through a deed. Which of the following is an example of a voluntary conveyance of real property with a deed?

Correct Answer
verified

In order for a deed to be a valid conveyance of property, there must be an observable, verifiable transfer of the deed to the grantee. Typically this is accomplished when the grantor hands the deed to the grantee at closing. Which of the following basic requirements of a deed does this represent?

Correct Answer
verified

Exam 3: Conveying Real Property Interests

Which of the following covenants in a deed promises that the property will not be claimed by someone with a better claim to title?

Correct AnswerverifiedShow Answer

At the death of a property owner, property will convey either in accordance with a will or without a will. If a will dictates the distribution of the decedent's real property, the property is said to be:

Correct AnswerverifiedShow Answer

Unlike other forms of evidence of title, title insurance guards the grantee against certain risks. However, there are a number of important limits to title insurance. Which of the following is an example of the limits to title insurance?

Correct AnswerverifiedShow Answer

One of the most important requirements of a land description is for it to be unambiguous. Which of the following methods of property description is the most unambiguous and is appropriate for use in legal documents?

Correct AnswerverifiedShow Answer

The quality of deeds differs based on the types of covenants they include. The special warranty deed is identical to the general warranty deed in all ways EXCEPT its conveyance of which of the following covenants?

Correct AnswerverifiedShow Answer

Which of the following clauses contained in a deed defines or limits the type of interest being conveyed?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

In creating evidence of title, a title search attempts to identify the sequence of conveyances passing ownership down through time. This sequence is more commonly referred to as the:

Correct AnswerverifiedShow Answer

While several kinds of real property conveyances result from events beyond the control of the grantor, the majority of conveyances are voluntary through a deed. Which of the following is an example of a voluntary conveyance of real property with a deed?

Correct AnswerverifiedShow Answer

In order for a deed to be a valid conveyance of property, there must be an observable, verifiable transfer of the deed to the grantee. Typically this is accomplished when the grantor hands the deed to the grantee at closing. Which of the following basic requirements of a deed does this represent?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified