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Ownership Lesson Five
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Learning Objectives Understand the Conveyance of Ownership.
Learn about Types of Deeds.
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Title Transfer Conveyance of Ownership Voluntary Conveyances
Involuntary Conveyances Transfer by Will Transfer by Laws of Succession Transfer by Accession
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Voluntary Conveyance Private Grant Public Dedication Public Grant
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Real Property Common Law Deeds
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Deeds Grantor only Person Signing Deed Habendum “to have and to hold”
Acknowledge Delivered and Accepted Recordation
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Warranties in Deeds Covenant of Seisin Covenant against Encumbrances
Covenant of Quiet Enjoyment Covenant of Warranty Forever Covenant of Further Assurance
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Types of Deeds General Warranty Deeds (Best) Special Warranty Deed
Bargain and Sale Deed Quit Claim Deeds (Least)
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Personal Property “Bill of Sale” Uniform Commercial Code
$500 must be in Writing to Prove Ownership
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