Escrow & Title

In New Jersey, 'title by devise' means property is transferred through:

AAdverse possession over time

BA valid will (testament) directing transfer of real property at the testator's death✓ Correct

CCourt-ordered partition

DTax deed sale

Explanation

Title by devise refers to transferring real property through a will (device/bequest). The testator leaves specific real property to a devisee.

A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).

A doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.

Insurance protecting against financial loss from defects in a property's title that existed before closing but were unknown at the time of purchase.

The sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.

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