CHCP Deed Types & Property Conveyance 2

Question 1

Which type of deed is most commonly used in California and other western states as an alternative to the general warranty deed?

Accepted Answer

Grant deed

Answer

Quitclaim deed

Answer

Bargain and sale deed

Answer

Special warranty deed

Question 2

Which phrase is a typical example of a granting clause (words of conveyance) in a deed?

Accepted Answer

I hereby grant and convey

Answer

I hereby mortgage and pledge

Answer

I hereby lease and rent

Answer

I hereby encumber and hypothecate

Question 3

When property is transferred according to a deceased person's will, the deed used is called a:

Accepted Answer

Executor's deed

Answer

Administrator's deed

Answer

Guardian's deed

Answer

Trustee's deed

Question 4

The method of describing land that uses compass directions, distances, and physical landmarks to define property boundaries is known as:

Accepted Answer

Metes and bounds description

Answer

Lot and block description

Answer

Government survey description

Answer

Street address description

Question 5

Which element is required for a deed to be considered legally 'delivered and accepted' between the parties?

Accepted Answer

Physical or constructive transfer of the deed with intent to convey

Answer

Recording at the county recorder's office

Answer

Payment of the full purchase price

Answer

Notarization by a licensed notary public

Question 6

A bargain and sale deed without covenants transfers property:

Accepted Answer

With no warranties about the quality of the title

Answer

With a full general warranty of title

Answer

With a warranty limited to the grantor's ownership period

Answer

Free of all mortgages and liens

Question 7

In which situation would a trustee's deed be used?

Accepted Answer

When a trust conveys property held in the trust's name

Answer

When property is sold at a county tax lien auction

Answer

When a deceased owner transfers property through a will

Answer

When a court orders the partition of jointly owned property