Quiz 3C Part 5

In New York State, besides the deed itself, what additional document is typically required to be recorded?

To ensure a deed to real property becomes a matter of public record and provides constructive notice, what action must be taken?

Which of the following is NOT a required component to be cited on a deed?

Which method of acquiring property refers specifically to improvements or additions that increase the property's value through labor or new materials?

What type of deed offers no guarantees or warranties about the title and only conveys the grantor's interest?

Which New York law is commonly referred to as the Statute of Frauds?

In real estate, what term describes a voluntary transfer of property at an agreed price between independent parties?

To confirm the exact dimensions of a property before purchase, which document should a potential buyer obtain?

What type of deed makes no warranties regarding the title but implies that the grantor has an interest in the property?

What is the term for the formal declaration made before an authorized official by someone who has signed a document, confirming it was a voluntary act?

Which method of legally describing property uses angles, distances, and boundary markers to define the parcel's perimeter?

When executing a deed, how many grantors are required?

What is the term for an increase in land area caused by the gradual deposit of soil by a river or stream?

What is the real estate term for the process of measuring a parcel of land to determine its boundaries and area?

What is the legal term for a written record that specifies the boundaries and details that describe a specific piece of real property?

Which type of deed provides the greatest protection to the buyer, including covenants guaranteeing clear title and the right to sell?

What legal requirement do both a deed and a contract share for their enforceability?

In the context of a deed, which term describes the act of the grantor signing the document, making it legally binding?

What method is most often used to assign and identify a real estate parcel’s legal description based on a recorded map within a municipality?

Which type of deed offers the most comprehensive guarantees concerning the title to the property?

When a seller guarantees that the property is free from any undisclosed claims or liabilities they are promising which of the following?

If a landowner gains new land as the result of a river changing course due to natural causes, this addition is known as what?

When an owner willingly transfers property rights to another party, what type of transfer is taking place?

What legal principle allows someone to claim ownership of property by openly and continuously occupying it for a statutory period, even without legal title?

What term describes the sudden loss of land due to swift, drastic natural events, such as a flash flood changing a river's path?

Which type of deed is used to transfer real property without any covenants or warranties, implying that the seller makes no promises about the interest in title?

What is the purpose of recording a deed in the public records?

Which element is essential for a deed to be valid and legally transfer ownership?

What is the primary function of covenants in a deed?

What type of legal description includes a Point of Beginning (POB)?

When a lender forecloses on a property, what type of deed is generally used to transfer ownership to the buyer at a foreclosure sale?

What does the term 'habendum clause' refer to in a deed?

What is required for a deed to be valid even if it is not recorded?

What does the term 'chain of title' refer to in real estate?

Which body of law primarily governs real property transactions?

What is the effect of an easement on property ownership?

The government's power to take private property for public use, with just compensation, is known as what?

What is the role of title insurance in a real estate transaction?

Which of the following ensures that the grantor is prevented from denying the transfer of property, because of prior act or representation?