Which statement provides the greatest assurance that you are getting fee simple ownership?
Question & Answer
Review the question and all answer choices
The owner will give a general warranty
A general warranty deed provides protection against title defects but doesn't specifically guarantee the type of estate being conveyed. The warranty addresses title quality, not the estate type.
The owner can furnish title insurance.
Title insurance protects against financial loss from title issues but doesn't guarantee the type of estate being conveyed. It's a risk mitigation tool, not a statement of ownership type.
The deed contains the covenant of seisin.
The covenant of seisin is a promise that the grantor actually owns the property and has the right to convey it, but it doesn't specify the type of estate being conveyed.
The habendum clause states that a fee
Why is this correct?
The habendum clause explicitly defines the type of estate being conveyed, making it the most direct assurance of fee simple ownership. This clause specifically states the nature and extent of the interest being transferred, leaving no ambiguity about receiving the highest form of ownership.
Continue Learning
Explore this topic in different formats
More Property Ownership Videos
Continue learning with related video lessons
The rights of ownership, including the right to use, possess, enjoy, and dispose of a thing in any legal way so as to exclude everyone else without rights from interfering, are called
3:10 • 0 views
Arizona is a community property state. This means:
2:25 • 0 views
An owner sold a parcel of real estate to a buyer with the stipulation that the buyer was not allowed to sell alcohol from the prem- ises. The buyer sold the property 10 years later to a buyer who converted the build- ing into a convenience store that sold beer. Should the owner or owner’s heirs claim a right of re-entry, what would be the basis for the lawsuit?
2:46 • 0 views
The highest form of property ownership in the United States is:
2:35 • 0 views
In a deed, the clause that defines the nature of the estate being granted is the:
2:45 • 0 views
Ready to Ace Your Real Estate Exam?
Access 2,000+ free video lessons covering all 11 exam topics.