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18 Cards in this Set
- Front
- Back
Acknowledgement |
The attestatin by a public officer, such as a notary, that adds authenticity to the deed |
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Deed |
A formal witten document by which title to real property is conveyed |
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Title |
The evidence of ownership |
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Seisin |
Grantor guarantees that he/she is the owner and has a fee simple estate |
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Right to convey |
Grantor guarantees that he/she has the right to sell the property |
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Against Encumbrances |
Grantor guarantees premises are free from encumbances |
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Further Assurance |
Grantor guarantees to deliver any instrument necessary to make the tilte good |
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Quiet Enjoyment |
Grantor guarantees that grantee will not be ousted b anyone under a paramount title |
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Warranty |
Grantor agrees to protct and defend the grantee against anyone |
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Specical Warranty Deed |
The grantor normally included a covenant against encumbrances that may have originaged during the time he/she held the tilte |
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Quitclaim Deed |
The grantor makes no waranty as to the condition of the title |
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Tax Deed |
When property is sold to pay delinquent ad valorem taxes, it is conveyed to the highest bidder at a public auction after twelve months |
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Gift Deed |
A grantor who gives a gift of real property may do so by a deed that has no valable consideration |
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Bargain And Sale Deed |
The grantor does acknowledge ownership and possession but still grants no warranty |
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Habendum Clause |
A clause in a deed of conveyance that describes the estte by using certain clauses |
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Grantee |
On to whom real property is conveyed by deed |
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Grantor |
One who conveys his real property to another by deed |
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Testimonium |
The execution clause in a deed of conveyance reflecting the date, signatures, seal, and witnesses when required |