CA Real Estate Principles Course » 2021 » Section 7 Unit 1 Exam
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Question #1
When you’re working with clients in California, how will you explain the grant deed to them?
A.
It includes six express covenants from the grantor, but is rarely used in California.
B.
It includes implied warranties from the grantor, and is commonly used in California.
C.
It's used to convey title when the property is used as security for a loan.
D.
It's used in transactions where no consideration or consideration of "love and affection" is given in exchange for the property.
Question #2
Kandy was so excited to be buying her first home, a condo in a San Diego beach neighborhood. Thanks to an inheritance, she was able to pay for the property in cash! She gazed adoringly at her deed, admiring each of its elements that proclaimed her the sole owner of 1256 Voltaire Street, Unit 15. Which of these is NOT on Kandy’s deed?
A.
A granting clause
B.
Names of the grantor and the grantee
C.
The property description
D.
Kandy's signature
Question #3
Which term describes an oath by a subscribing witness, such as a notary public, that the grantor’s signing of the deed is a voluntary act and enables a deed to be recorded?
A.
Habendum clause
B.
Acknowledgment
C.
Granting clause
D.
Grantee
Question #4
Todd conveyed title to his out-of-state property to Brad using a general warranty deed. A few months later, Brad discovered that the legal description of the property on the deed was incorrect, and his property was only half the size he thought he’d purchased. He sued Todd based on Todd’s promises of ______ in the deed.
A.
Consideration and compensation
B.
Habendum and fair dealing
C.
Seisin and right to convey
D.
Quiet enjoyment and further assurances
Question #5
Cheng is selling his property to Jericho. What's the best method Jericho can use to ensure his interest in the property?
A.
Ensure that he signs the deed.
B.
Record the deed in his name.
C.
Purchase title insurance.
D.
Ensure that Cheng signs the deed.
Question #6
Which kind of deed releases any rights of the grantor to the property to the grantee and clears any clouds on a title, but does not offer any warranties to the grantee?
A.
Sheriff's deed
B.
Executor's deed
C.
Grant deed
D.
Quitclaim deed
Question #7
What phrase is or words are required on a deed and are considered an "act of conveyance?"
A.
"Between ____ and ____."
B.
"Forever and always"
C.
"Grant and convey"
D.
"Witnesseth and acknowledged"
Question #8
Which term refers to the person conveying title, often called the “party of the first part,” in a deed?
A.
Grantor
B.
Grantee
C.
Witness
D.
Notary public
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