Property OwnershipIntermediateAlabama Exam

Under Alabama law, a deed to a corporation must be signed by:

AAny employee of the corporation
BAn authorized officer of the corporation with authority to execute real estate documentsCorrect
CThe majority of shareholders
DA licensed Alabama real estate broker, though outcomes can differ depending on circumstances

Why An authorized officer of the corporation with authority to execute real estate documents Is Correct

Answer B: An authorized officer of the corporation with authority to execute real estate documents

Deeds executed on behalf of a corporation must be signed by a duly authorized officer (typically the president or CEO) acting under authority granted by the board of directors.

Exam Tip: Property Ownership

Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.

Key Property Ownership Terms in This Question

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