REE-3043 Lecture Notes - Lecture 20: Adverse Possession
17 Nov 2017
School
Course
Professor
Document Summary
Evidence of ownership: evidence of real property interests are recorded in the public records, grantor-grantee or tract books, mortgagor-mortgagee books, plat or plan books, secured personal property books. Evidence of clear title: a(cid:271)stra(cid:272)t and attorne(cid:455)"s opinion, title insurance, torrens system. Conveyance of ownership: transfers of real estate occur through, private grants, public grants, other transfers as a matter of law. Requirements of a valid deed: names of grantor and grantee, proper description of the property, words of conveyance, statement of consideration, the deed must be signed by the grantor and delivered to the grantee. Common deeds in private grants of title: general warranty deed, special warranty deed, quitclaim deed, bargain-and-sale deed, e(cid:454)e(cid:272)utor"s deed, sheriff"s deed, offi(cid:272)er"s deed. Public grants of title: devise and descent, foreclosure, adverse possession and prescription, title by nature, accretion, reliction. Requirements of a valid contract: competent parties, legal objective, offer and acceptance, consideration, no defects to mutual assent.
