Real Estate Unit 6 Quiz

The basic requirements for a valid conveyance are governed by

• state law

• local custom

• national law

• the law of descent

Every deed must be signed by

• the grantee

• the grantor

• the grantee and grantee

• the devisee

A 15-year-old recently inherited a parcel of real estate and has decided to sell it. If the 15-year-old executes a deed conveying the property to a purchaser, such a conveyance would be

• valid

• void

• voidable

• invalid

A form authorizing one person to execute documents for another is called

• a power of attorney

• a release deed

• a quitclaim deed

• a power to represent

The grantee receives greatest protection with what type of deed?

• Quitclaim

• General warranty

• Bargain and sale with covenant

• Executor's

Party Y receives a deed from party X. The granting clause of the deed states, "I hereby remise, release, alienate, and convey to Y the following real property." What type of deed has Y received?

• Special warranty

• Quitclaim

• General warranty

• Bargain and sale

Under the covenant of quiet enjoyment, a grantor

• promises to obtain and deliver any instrument needed to make the title good

• warrants that the property is free from liens and encumbrances

• warrants that he or she is the owner and has the right to convey title to the property

• ensures that the title will be good against the title claims of third parties

Which type of deed merely implies but does NOT specifically warrant that the grantor holds good title to the property?

• Special warranty

• Bargain and sale

• Quitclaim

• Trust deed

At which of the following steps did title to the house actually transfer or pass to B? Step 1: A decided to convey a house to B. Step 2: A signed a deed transferring title to B. Step 3: A gave the signed deed to B, who accepted it. Step 4: B took the deed to the county recorder's office and had it recorded.

• Step 1

• Step 2

• Step 3

• Step 4

P signed a deed transferring ownership of P's house to Q. To provide evidence that P's signature was genuine, P executed a declaration before a notary. This declaration is known as

• an affidavit

• an acknowledgment

• an affirmation

• an estoppel