FRECI_9-3 - Lecture Preview Florida Real Estate Commission...

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1 Florida Real Estate Commission Course I Pre-Licensing Course for Sales Associates Session 9 – Lecture 3 Title, Deeds, and Ownership Restrictions Copyright, 2004 2 Lecture Preview What will you learn from this lecture? Various clauses and covenants related to deeds Copyright, 2004 3 Vocabulary Terms Further assurance Granting clause Grantee Grantor Habendum clause Quiet enjoyment Seizen (seisen) clause Warranty forever Copyright, 2004 4 Parties to a Deed Receives title Grantee Gives up title Grantor Does not have to be of legal capacity Must have legal capacity Legal capacity (competence) 18 years or older Sound mind (no mental defects) 5 Elements of a Valid Deed 9 Consideration (good or valuable) 9 Legal description 9 Offered and accepted voluntarily 9 Signed by grantor and witnessed 9 Interest being conveyed 9 Names of grantor and grantee 9 Granting clause 9 Seizen and other covenants All deeds must be in writing per the
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This note was uploaded on 05/21/2011 for the course FREC 1000 taught by Professor Stallone during the Spring '08 term at University of Florida.

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FRECI_9-3 - Lecture Preview Florida Real Estate Commission...

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