Escrow & Title
In NJ, which instrument is used to transfer real property from a deceased person's estate to heirs when there is no will?
AAdministrator's deed✓ Correct
BExecutor's deed
CSheriff's deed
DTrustee's deed
Explanation
An administrator's deed is used when a person dies without a will (intestate); the court-appointed administrator transfers title to the heirs.
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Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Deed of TrustA security instrument used in many states instead of a mortgage, involving three parties: borrower (trustor), lender (beneficiary), and a neutral trustee.
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
EasementA non-possessory right to use another person's land for a specific purpose.
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