Contracts
Which of the following is NOT required for a valid Missouri real estate deed?
AGrantor's signature
BLegal description of the property
CConsideration recited (even $1 is sufficient)
DAcknowledgment by the grantee✓ Correct
Explanation
A deed requires: grantor's signature, identification of grantor and grantee, legal description, and words of conveyance. The grantee does not need to acknowledge the deed; the grantor does (for recording purposes).
People Also Study
Related Missouri Questions
- Under Missouri's recording acts, an unrecorded deed is valid between the parties but:Escrow & Title
- Under Missouri non-judicial foreclosure using a deed of trust, what is the minimum notice required before a trustee's sale?Finance
- What is the main purpose of recording a deed in Missouri?Property Ownership
- A 'due-on-sale' clause in a Missouri deed of trust requires:Finance
- A Missouri appraiser completes an appraisal for mortgage purposes. The report format most commonly required by lenders is:Property Valuation
- In Missouri, a general warranty deed includes which covenants to the grantee?Escrow & Title
- A Missouri installment land contract (contract for deed) requires the seller to deliver a deed when:Contracts
- In Missouri, which type of property conveyance does NOT require a deed?Escrow & Title
Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Earnest MoneyA deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Study This Topic
Practice More Missouri Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Missouri Quiz →