Term
In regard to the making of a will, which of the following is true?
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Definition
| A holographic will is in the testators handwriting |
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Term
___________________ is the act of the testator creating the will under his/her own free will absent of fraud, misrepresentation, menace or undue influence.
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Definition
Genuine Assent
Genuine assent is the act of the testator creating the will under his/her own free will absent of fraud, misrepresentation, menace or undue influence. |
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Term
All of the following are voluntary transfers EXCEPT:
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Definition
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Term
Which of the following are legal requirements for making a valid will in most states?
I. Legal age.
II. Sound mind and testator's signature.
III. Free will and intent to dispose of property according to some plan.
IV. Presence of witnesses and their signatures.
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Definition
| All four statements apply in most states. |
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Term
Nuncupative wills are made orally by a testator in expectation of death. Wills of this nature:
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Definition
| Nuncupative/oral wills in anticipation of death are effective for disposing of personal property. |
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Term
A government document conveying title to public land to a private individual is called:
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Definition
| A patent is a government document which conveys title to public land to a private individual. |
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Term
In regard to the making of a will, which of the following is true?
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Definition
| A holographic will is in the testator's handwriting. |
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Term
Voluntary alienation can be accomplished by:
I. Contract for sale and warranty deed.
II. Transfer of title by descent.
III. Quit claim deed.
IV. Execution sale and sheriff's deed.
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Definition
| A quit claim deed or a contract for sale and warranty deed can achieve a voluntary alienation. |
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