Escrow & Title
Delivery and acceptance of a deed is significant because:
ARecording is complete once the deed is accepted
BTitle transfers when the deed is delivered to and accepted by the grantee, not when it is signed✓ Correct
CThe deed must be accepted before it can be notarized
DAcceptance triggers the payment of closing costs
Explanation
Title to real property passes upon delivery and acceptance of the deed, not upon signing. A deed signed but not delivered does not transfer title. The grantee must accept the deed for the transfer to be complete.
Related Arkansas Escrow & Title Questions
- Title insurance protects the policyholder from:
- The primary purpose of title insurance is to:
- An acknowledgment on a deed is a formal declaration by the grantor, before a notary public, that:
- A 'correction deed' is used to:
- A real estate agent involved in a transaction should NOT handle closing funds because:
- A 'gap' in the chain of title occurs when:
- A wire transfer of closing funds is typically required for larger transactions because:
- A chain of title refers to:
Practice More Arkansas Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Arkansas Quiz →