Chapter 8: Transfer of Title

*   Voluntary alienation: methods of transferring title

*   Public Grant - land patent

*   Private Grant

*   Transfer for consideration

*   Transfer by gift

*   Transfer by will

*   Involuntary alienation by actions of law

Actions of Law

*   Transfer by descent (law of descent and distribution)

*   Foreclosure (Transfer by lien enforcement)

*   Transfer by adverse possession

*   Transfer by condemnation (exercise of eminent domain)

*   Transfer by confiscation (RICO statutes)

*   Equitable title

*   Contract for sale

*   Contract for deed

Adverse Possession

*   Open and notorious

*   Continuous for the statutory period (21 years)

*   Hostile

*   Intent

Title Change by Nature

*   Erosion (avulsion)

*   Accretion

*   Alluvion

*   Reliction

Deeds--Documents That Transfers Title.

Components of a Valid Deed

*   Grantor and grantee

*   Property description

*   Words of conveyance

*   Habendum clause

*   Consideration

*   Proper execution

*   Witnesses to signature

*   Seal (l.s.)

*   Acknowledgment (no coercion)

*   Delivery and acceptance

Guarantees (Warrants) in a Deed

*   Warrant of seizin: possessing interest

*   Warrant against encumbrances

*   Warrant of quiet enjoyment

*   Warrant forever

*   Warrant of further assurance

*   Warrant against grantor's acts

Types of Deeds

*   Full (general) warranty -- all

*   Special warranty -- less than all

*   Bargain and sell -- warrant against grantor's acts*--does convey actual rights

*   Quit claim -- none--conveys only grantor’s rights

*   Special purpose deeds

*   Correction deed

*   Tax deed, Guardian, sheriff, etc.

Deed of Trust

*   Conveys a deed subject to condition precedent to trustee.

*   The condition is the borrower’s default.Public Records

*   Give notice to all

*   Gaining access to public records