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12 Cards in this Set
- Front
- Back
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Caption |
Portion of the deed that indicates the county and state in which the deed was signed by the grantor |
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Consideration |
Something of value given to make the promises of a contract enforceable. Consideration is also something of value given by the grantee for a deed. |
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Conveyance |
Transfer of title or ownership rights to real property from one owner to another. Usually an instrument such as a deed, lease, mortgage or other encumbrances. |
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Covenant or Warranty |
Promise that a fact is true or that an event will take place. |
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Deed |
Written document that transfers ownership of real property from one person to another. |
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General Warranty Deed |
Deed containing full warranty of title. |
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Grant Deed |
A type of limited warranty deed commonly used in California. |
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Habendum |
Clause found in a deed that indicates what estate in real property is being transferred by the deed. |
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Limited or Special Warranty Deed |
Deed wherein the grantor covenants and warrants only against the lawful claims of people claiming by, through, or under the grantor. |
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Preamble |
Portion of the deed that sets forth the parties to the deed and the date of the deed. |
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Quitclaim Deed |
Deed that contains no warranties of title. Transfers only the interest that the grantor has in the land without warranty. |
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Testimonium |
Portion of the deed where the grantor signs and the signature is witnessed or notarized. |
