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GA Real Estate Liscence Chapter 4 Transfer
Chapt 4 Transfer Deed Provisions
12
Real Estate & Planning
Professional
12/06/2011
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Term

When title is conveyed as a gift, which of the following phrases might typically be used?
 

For love and affection.
For one-hundred dollars and other good consideration.
Ten dollars and other good consideration.
One dollar and other good consideration.
Definition
When title is conveyed as a gift, the phrase for love and affection is usually sufficient consideration to make the conveyance valid.
Term

The description, quantity and duration of the estate would be described in the:
 

The habendum clause.
Covenant of warranty forever clause.
Covenant of further assurances clause.
Covenant of seizin clause.
Definition
The habendum clause describes the quantity and duration of the estate being conveyed.
Term
If the grantor wishes to retain certain rights of use in the property, the granting clause will contain a:
 Definition
reservation provision.
Term

If a grantor wishes to retain certain rights of use in the property, the granting clause should contain:
 

Exclusion provision.
A reservation provision.
An encumbrance provision.
A restriction provision.
Definition
A grantor will retain certain rights of use in the property, if the granting clause contains a reservation provision.
Term

 

The part of the deed that begins with the words to have and to hold, is:
 

 

The habendum clause.

 

The covenant of seizin.

 

The consideration clause.

 

The granting clause.
Definition
The habendum clause is the part of the deed beginning with the words to have and to hold, and describes the quantity and duration of the estate being conveyed.
Term

Which of the following statements about deeds is true?
 

A reservation places limits on the grantor's use.
An exception creates an easement.
The habendum clause describes the quantity of the estate being conveyed.
For love and affection is valuable consideration.
Definition
The habendum clause describes the quantity of the estate being conveyed.
Term

Which of the following statements would be true when conveying property as a gift?
 

The phrase for love and affection is usually sufficient consideration.
The date is essential to the validity of the deed.
The phrase for ten dollars and other good and valuable consideration is always used when conveying property by gift.
The deed must always recite the full consideration paid.
Definition
When title to real estate is conveyed as a gift, the phrase for love and affection is usually sufficient consideration to make the conveyance valid.
Term

 

   
   
  Bill Baird conveyed property to Frank Carr. The deed from Carr to Baird was not dated. Which of the following statements is correct?
 
The deed must be signed and dated by the grantee to be a valid conveyance.
Failure to date the deed would render the deed invalid.
It is not customary for the grantor to date the deed.
The date is not essential to the validity of the deed.
   
Definition
A date is not essential to the validity of the deed, but it is customary to included when executed by the grantor.
Term

A(n) _____________________ in a deed excludes from conveyance some physical portion of the property being conveyed.
 

Encumbrance.
Restriction.
Exception.
Reservation.
Definition
Term

If a grantor conveys title to a farm, but retains a one acre tract in the northwest corner, the deed would contain:
 

 

None of the above.

 

A reservation.

 

An exception.

 

An easement.
Definition
The grantor added an exception.
Term

A(n) _____________________ in a deed excludes from conveyance some physical portion of the property being conveyed.
 

Restriction.
Reservation.
Exception.
Encumbrance.
Definition
An exception in a deed excludes from the conveyance some physical portion of the property granted.
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