Property Ownership
A Nebraska real property deed must include which essential element to be valid?
AThe sales price
BA granting clause (words of conveyance)✓ Correct
CThe buyer's signature
DA notary acknowledgment
Explanation
A valid deed requires: grantor with capacity, grantee, granting clause (words of conveyance like 'grant, bargain, sell'), legal description, and delivery and acceptance. The grantor (not buyer) signs. Notarization is required for recording, not for the deed's validity.
Related Nebraska Property Ownership Questions
- In Nebraska, property taxes are assessed and collected by:
- A fixture in Nebraska real estate is personal property that has become:
- A Nebraska condo association has the power to impose special assessments on unit owners. This power comes from:
- In Nebraska, when property passes to heirs through intestacy (without a will), it is governed by:
- A Nebraska property subject to a deed restriction prohibiting commercial use may still be used for a home-based business if:
- An encroachment occurs when:
- A cooperative (co-op) housing arrangement differs from a condominium in that co-op residents:
- A life estate in Nebraska gives the life tenant the right to:
Practice More Nebraska Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Nebraska Quiz →