term1 Definition1term2 Definition2term3 Definition3
Please sign in to your Google account to access your documents:
Equitable Title
A beneficial interest in real estate implying that an individual will receive legal title at a future future date
A beneficial interest in real estate implying that an individual will receive legal title at a future date
Alienation
The act of transferring ownership title interest in Real Property from run person to another
Maybe voluntary with the owners controlling consent or the transfer may be involuntary by operation of Law Without control and consent of the owner
Voluntary alienation
An owner May transfer Title by making a gift or selling the property
Deed
A written instrument used to convey an interest in real property conveys legal title
Used to sell or gift real property to another person or entity during the owners lifetime
Will
Illegal instrument used to convey title to real and personal property after the person's death
Testate
The decedent deceased person prepared a will before death
Conveyance of property according to a last will and testament is voluntary alienation because the person who left a will the testator test a strix intended to gift property to a particular individual
Bequest
A gift of personal property the recipient is the beneficiary
Transfer by involuntary alienation
Title to property may be transferred without the owner's consent transfers are usually carried out by operation of law
Descent
When a person dies intestate without leaving a will all the property of the deceased person owned in the time of death descends to the deceased person's legal descendants the legal descendants are called heirs
Transfer of property by descent is a form of involuntary alienation because the state not the deceased determines the disposition of the property
Need help typing ? See our FAQ (opens in new window)
Please sign in to create this set. We'll bring you back here when you are done.
Discard Changes Sign in
Please sign in to add to folders.
Sign in
Don't have an account? Sign Up »
You have created 2 folders. Please upgrade to Cram Premium to create hundreds of folders!