If a lawsuit has been filed that may impact the title to the property, there should be a notice of __________ filed in the county records. . . . Solve the application problem. . . In the case where the owner has died and left a will, the fiduciary appointed to represent the estate is known as a/an? The clause must unquestionably describe the real estate conveyed. A legal description, as found in the Schedule A, is described using what? . 3. Identify each entry by letter. A deed in which the grantor protects the grantee only against claims that arise during the time that the grantor owned the property is referred to as a: The accumulation of soil on an owner's property caused by the movement of water is known as: It may be assumed that a deed has been delivered and accepted if it has been: Pruitt gives Gray a quitclaim deed to a property which Gray has bought. . - transactions for not full consideration. A deed B^{\star} & 10,000 & 5 \text { weeks } & & 3,000 & 4 \text { weeks } \\ . To transfer an interest in real property. . 2. }&{210,000}\\ . 3. Refer to the Anti-corrosion Methods and Materials (Vol. This type of deed contains the strongest guarantee of title? . Round dollar amounts to the nearest cent. . . c. Assets will be overstated on the balance sheet, while revenues will be overstated on the income statement. c. Quitclaim deed. . . Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal, Elliot Aronson, Robin M. Akert, Samuel R. Sommers, Timothy D. Wilson, Alexander Holmes, Barbara Illowsky, Susan Dean. . 3.) - Doctrine of after-acquired title does not apply . is typically found in what type of deed? True The person who makes a will is called an intestate. In an executor's deed, the deceased person is also known as who? . Joint tenancy is not a concurrent ownership. The means or medium by which the title of real estate is transferred, Legal policy mandates that a deed to real property be a matter of public record; therefore, subsequent to delivery and acceptance, a deed must be properly recorded, A clause in a deed or lease that defines the type of interest and rights to be enjoyed by the grantee or lessee. This is referred to as Consideration Something of value, including money is known as Referee's Deed This type of deed is used when two owners want to partition their ownership in the property May be reduced