ExpertHard1 markMultiple Choice
CPA · Question 69 · Area II: Business Law
Which of the following is a requirement for a valid deed to transfer real property?
Which of the following is a requirement for a valid deed to transfer real property?
Answer options:
A.
The deed must be recorded.
B.
The deed must be signed by the grantee (buyer).
C.
The deed must be delivered to and accepted by the grantee.
D.
The deed must state the exact purchase price.
How to approach this question
Deed Requirements: Writing, Description of Land, Signature of Grantor, Delivery, Acceptance.
Full Answer
C.The deed must be delivered to and accepted by the grantee.✓ Correct
C
A valid deed requires a description of the property, the signature of the grantor, and delivery to/acceptance by the grantee. Recording is necessary for protection against subsequent purchasers (priority) but not for the validity of the transfer itself.
Common mistakes
Thinking recording is required for validity (it's only for priority).
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