Real Estate Sales Exam Transfer of Title 2

Question 1

Which type of deed provides the GREATEST protection to a grantee?

Accepted Answer

General warranty deed

Answer

A general warranty deed contains six covenants warranting title against all defects, including those arising before the grantor owned the property.

Question 2

What does a quitclaim deed convey?

Accepted Answer

Only the grantor's present interest, whatever it may be

Answer

A quitclaim deed transfers only whatever interest the grantor currently holds, with no warranties or guarantees of title quality.

Question 3

The covenant in a general warranty deed that promises the grantor has the right to convey the property is called the covenant of:

Accepted Answer

Seisin

Answer

The covenant of seisin guarantees that the grantor actually owns and possesses the estate being conveyed.

Question 4

A deed signed by a grantor who is legally incompetent is:

Accepted Answer

Void and has no legal effect

Answer

A deed executed by a legally incompetent person is void ab initio because that person lacks the legal capacity to contract.

Question 5

Which of the following is NOT a required element for a valid deed?

Accepted Answer

Grantee's signature

Answer

A deed does not require the grantee's signature; only the grantor must sign, and the grantee must accept delivery.

Real Estate Sales Exam Practice Test