CPL Land Acquisition & Title Examination 3

Question 1

In a 'race-notice' recording jurisdiction, a subsequent purchaser is protected only if they:

Accepted Answer

Pay adequate consideration and have no notice of prior unrecorded conveyances, and record first

Answer

In a race-notice jurisdiction, a subsequent purchaser must both record first AND be a bona fide purchaser without notice of prior unrecorded interests to be protected.

Question 2

What does a 'special warranty deed' warrant against?

Accepted Answer

Only defects arising during the grantor's ownership

Answer

A special warranty deed warrants title only against defects arising during the grantor's period of ownership, not against defects that pre-date the grantor's acquisition.

Question 3

A 'curative instrument' in land title work is used to:

Accepted Answer

Correct or eliminate a title defect

Answer

A curative instrument is a document (such as a corrective deed, ratification, or affidavit) used to fix or remove a defect in the chain of title.

Question 4

Which federal law governs the leasing of minerals on federal onshore lands?

Accepted Answer

The Mineral Leasing Act of 1920

Answer

The Mineral Leasing Act of 1920 governs the leasing of oil, gas, and other energy minerals on federal onshore lands managed by the Bureau of Land Management.

Question 5

What is the doctrine of 'after-acquired title' (estoppel by deed)?

Accepted Answer

If a grantor conveys land they don't own and later acquires title, that title passes automatically to the grantee

Answer

Under the doctrine of after-acquired title (estoppel by deed), if a grantor conveys property they don't yet own but later acquires it, the title automatically passes to the grantee.

(CPL) Certified Professional Landman Practice Test

(CPL) Certified Professional Landman Practice Test

CPL Land Acquisition & Title Examination 3