Property Ownership
What is 'novation of deed' in Rhode Island?
ACorrecting an error in a recorded deed✓ Correct
BThe replacement of one deed with a new deed that supersedes the original
CThe recording of a second deed for the same property
DA deed executed by a court-appointed administrator
Explanation
A corrective or replacement deed may be used to fix errors in a previously recorded deed. The new deed supersedes or corrects the original, and the error is noted in the chain of title.
Related Rhode Island Property Ownership Questions
- What is a 'cooperative' (co-op) housing arrangement, and how does it differ from a condominium in Rhode Island?
- Which of the following is an involuntary lien?
- Under the Rhode Island Condominium Act, a condominium unit owner's interest in the common elements is expressed as a:
- In Rhode Island, a lis pendens gives notice that:
- Under the Rhode Island Condominium Act, unit owners in a condominium project have individual ownership of their unit and shared ownership of:
- Under Rhode Island law, what is 'escheat'?
- Which form of co-ownership is commonly used by married couples in states that recognize it and includes both the right of survivorship and protection from individual creditors?
- A 'life estate' in Rhode Island grants:
Practice More Rhode Island Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Rhode Island Quiz →