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6 Cards in this Set
- Front
- Back
DISCLAIMER DEED |
A document signed by a party to disavow any interest in a particular property |
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Involuntary alienation |
Natural causes ( erosion, aviation, accretion, alluvial deposits, relicton) By law ( foreclosure, Eminent domain, adverse possession and Escheat. |
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Covenant |
A. Seizin ( grantor has the right to convey) B. Quit and enjoyment ( grantor promises to defend the grantee against the claim of third parties) C. Against encumbrances ( grantor promises the property is free and clear) |
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QUIT CLAIM DEED |
A deed which releases any or all interest one may have in real property |
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Warranties |
Further assurance ( 1.Obligates the grantor to perfect the title 2. Contained in special and general warranty deed.
Warranty forever (1. Requires the grantor to defend the grantees title forever 2. Contains only in a general warranty deed)
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Habendum clause |
The part of a deed with the words to have and hold, following the granting Clause and reaffirming the extent of ownership that the grantor is transferring. |