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Something that is legally known, but not recorded -- for example, posting or advertising in the newspaper, or that which can be seen by observing, such as an unrecorded easement -- is called:
Actual notice.
Which of the following descriptions applies to a "Covenant of Further Assurance"?
"If there is a defect, I promise to take care of any problems."
Information that can be obtained from the public records at the courthouse is known as:
Constructive notice.
Which of the following means, in essence, "I own it and I can convey it to you"?
General warranty deed.
In Nevada, the recordation of a deed must be accompanied by:
A Nevada Tax Commission Declaration of Value.
The deed most commonly used to transfer property under a purchase contract in Nevada is:
Grant, bargain, and sale deed.
Which of the following terms means "a type of company that sells securities specializing in real estate ventures, and requires a minimum of 100 investors"?
A real estate investment trust, or REIT.
A state law that requires certain contracts to be in writing and signed by the party/parties (to the contract) before the contract is considered "legally enforceable in a court of law" is known as:
The Statute of Frauds.
According to Nevada law, the grantor of a deed must be at least how old to execute the deed?
18 years old.
A _____________ gives a person the chance to invest his or her money by purchasing real estate that he or she would otherwise not have been able to afford
real estate syndication