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Exam 8: Deeds

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Question 1

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What factors have led to the rise in recent years of deed fraud?

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Perpetrators of deed fraud have been aid...

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Question 2

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A sheriff's deed is similar to a:

A) general warranty deed
B) quitclaim deed
C) fiduciary deed

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Question 3

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The ___  clause warrants that the grantor is the rightful owner of the property in question and thereby has the right and power to convey the property to the grantee.

A deed must include a recital of consideration.

What must be included in a valid deed?

Documentary stamps are calculated based on the:

The ___ clause indicates the improvements that are being conveyed together with the land, such as the buildings built on the land.

What tasks must be performed after a deed has been signed?

What is the purpose of recording documents?

What is a fiduciary deed, and when is one used?

The         clause describes the type of estate being conveyed to the grantee(s).

The opening paragraph of a deed is called the:

What procedures must take place prior to the conveyance of government-owned real property?

A deed is signed by all grantors and all grantees.

The deed that provides the greatest degree of protection for the buyer is a:

If the grantee receives a quitclaim deed and subsequently the title to the real property is found to be defective, the grantee has no recourse against the grantor.

A transfer of ownership is completed when a deed is signed, witnessed, and notarized.

There is no requirement that the grantee be of sound mind or of the age of majority.

The ___ clause reserves some right in the real property for the grantor or imposes a restriction on the use of the property by the grantee.

The actual sales price must be inserted in a: