In Alabama, title to real property is transferred by delivery and acceptance of a:
Why Deed Is Correct
Answer B: Deed
Exam Tip: Escrow & Title
Escrow questions test the neutral third-party role and the sequence of closing events. Remember that the escrow agent acts as a dual agent for both buyer and seller and cannot advocate for either side.
Key Escrow & Title Terms in This Question
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- A deed that is delivered but not accepted by the grantee is:Property Ownership
- For a deed to be valid in Alabama, it must include all of the following EXCEPT:Escrow & Title
- A special warranty deed in Alabama is one in which the grantor warrants the title against:Escrow & Title
- In Alabama, which type of deed provides the grantee with the greatest protection by including all five common law warranties?Property Ownership
- A buyer who takes title without knowledge of a prior unrecorded deed has what type of protection under Alabama's recording statutes?Escrow & Title
- In Alabama, when does title to real property transfer from seller to buyer?Escrow & Title
- In Alabama, title to real property held by a deceased person passes either through:Property Ownership
- The merger doctrine in Alabama real estate law provides that once a deed is delivered at closing:Contracts
Key Terms to Know
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Title InsuranceInsurance protecting against financial loss from defects in a property's title that existed before closing but were unknown at the time of purchase.
Transfer TaxA tax imposed by state or local governments when real property ownership is transferred, typically based on the sale price.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
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