18. Frank bought acreage in a distant county, never went to see it, and did not

Question

18. Frank bought acreage in a distant county, never went to see it, and did not use it, although he regularly paid the real estate taxes on it. Larry moved his mobile home onto Frank's property, drilled a well for water, and lived there for many years. Larry may have become the owner of the acreage if he has complied with the state laws regarding: a. Interstate succession c. The statute of Frauds b. Adverse possession d. The statute of limitations 19. Which of the following documents is signed by the grantor of the real estate? a. A gift deed b. A trustee's deed C. A reconveyance deed d. A tax deed 20. Which of the following deeds contains NO expressed or implied warranties? a. A bargain and sale deed b. A quitclaim deed c. A warranty deed d. A grant deed 21. The condemnation of private property for public use is exercised under the government right of a. Taxation b. Escheat c. Manifest destiny d. Eminent domain 22. A single person owned a parcel of land. Subsequent to the owner's death the probate court determined the distribution of the land in accordance with the state's statutes. This person a. Died testate b. Died intestate c. Was the devisee d. Was the grantee 23. The recordation of a warranty deed a. Guarantees ownership b. Protects the interests of the grantee c. Prevents claims of parties in possession d. Provides defense against adverse possession

Explanation / Answer

18. The correct answer is option B: Adverse Possessions

Adverse possession is a policy under which a person in possession of land owned by someone else may acquire valid title to it, as long as certain common law requirements are met, and the adverse possessor is in possession for a sufficient period of time.

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