Deeds, Conveyance of Title | Real Estate Exam Prep Videos

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The Real Estate Classroom

4 жыл бұрын

Understanding the purpose of the Deed and conveyance of title is essential for students studying for their real estate licensing exam. In this real estate exam prep video, we discuss, the purpose of the deed, how conveyance of title works, essential elements of a deed, and the importance of recording a deed.
Key real estate terms discussed in this real estate exam prep video:
(1) Deed - Written legal instrument that conveys title of real property
(2) Conveyance of Title - Transfer of ownership of real property
(3) Grantor - The seller who conveys ownership interest in real property
(4) Grantee - The purchaser of real property
(5) AcknowledgmentThe act of going before an authorized notary public and declaring a legal document to be one's voluntary "act and deed."
(6) Recordation - The act of giving public notice or Constructive Notice by recording a legal document
(7) Plat - A map of a specific area
(8) Deed Restriction - A provision in a deed that limits or restricts the useage of real property
(9) Habendum Clause - The "have and to hold" clause in a deed that defines or limits the quantity of an estate the Grantor is conveying to the Grantee by deed
(10) Granting Clause - The conveyance clause of a deed
(11) Consideration - Something of value given in a contract
(12) Legal Description - The boudraries of real property that is recognized by law.
Best of luck with your studies...
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New real estate exam prep videos uploaded 2-3x per week to students pass their real estate exam. Feel free to leave a comment, suggestion, or questions asked in the comment section.
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Paul Vojchehoske
Mr. Real Estate Seminars, Inc.
The Real Estate Classroom
P. O. Box 540725
Omaha, NE 68154
(402) 660-0395
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P.S. Nothing in this video shall be construed as legal or financial advice and is for INFORMATIONAL purposes only! Please consult with a competent attorney, financial advisor, and your broker before implementing anything you’ve learned from this video. Likewise, the issues discussed herein may not be applicable in your state or local jurisdiction.
Cheers,
Paul Vojchehoske

Пікірлер: 78
@TheRealEstateClassroom
@TheRealEstateClassroom 4 жыл бұрын
More study materials at TheRealEstateClassroom.com
@Honkers716
@Honkers716 2 жыл бұрын
I like this intro music the best
@longshotny
@longshotny 3 жыл бұрын
I'll say it again as an educator you're outstanding😎. Very thorough with a captivating, indepth-flow through real estate understanding 🔥... Thanks Big-time!!
@TheRealEstateClassroom
@TheRealEstateClassroom 3 жыл бұрын
Thank you, I really appreciate you leaving a comment. Much appreciated! Best of luck with your studies!!!
@lisaromano5290
@lisaromano5290 7 күн бұрын
Take my test Monday I’m loving your content
@TheRealEstateClassroom
@TheRealEstateClassroom 7 күн бұрын
Thank you! You will crush the exam 😁
@autoproblematic5800
@autoproblematic5800 3 жыл бұрын
I'm a mailman and am looking to get into real estate as a "side hustle." I listen to these videos to help me prep for the exam while I'm doing my route.
@TheRealEstateClassroom
@TheRealEstateClassroom 3 жыл бұрын
That is fantastic!!!! So awesome to hear. Best of luck on the exam!
@joannagarealtor4526
@joannagarealtor4526 4 жыл бұрын
There are very few study channels on KZbin so thank you for the material !
@TheRealEstateClassroom
@TheRealEstateClassroom 4 жыл бұрын
Glad you found the channel. Don't forget to subscribe! Best of luck on your test!
@GulsumKocak-hu1cn
@GulsumKocak-hu1cn 4 ай бұрын
I just came to say thank you. I passed my test on the first try. Your videos helped me a lot to understand the concept.
@ednafernandes9017
@ednafernandes9017 3 жыл бұрын
I'm so glad I came across your videos. You're a top-notch instructor, thanks so much!!
@TheRealEstateClassroom
@TheRealEstateClassroom 3 жыл бұрын
Thank you! :o)
@renasmile
@renasmile 3 жыл бұрын
I hope that you continue with making these very educational and informative KZbin videos about Real Estate. Your YT Channel is by far the best I have found on Real Estate training.
@TheRealEstateClassroom
@TheRealEstateClassroom 3 жыл бұрын
Hi Lorena... I plan to :o) Thank you for your feedback it is much appreciated!
@absolutelyelegant1
@absolutelyelegant1 3 жыл бұрын
Thank you for these videos. I watched a handful focused on areas I was struggling keeping organized in my mind following my course completion. Your videos connected some missing pieces and lead me to successfully complete my national & state exams.
@TheRealEstateClassroom
@TheRealEstateClassroom 3 жыл бұрын
That's awesome!!!! Thank you for leaving a comment and letting us know... Congratulations
@ItsJordanx0x0
@ItsJordanx0x0 3 жыл бұрын
My mans is awesome! Best channel I’ve found for studying. His explanations and organization of the videos are great
@TheRealEstateClassroom
@TheRealEstateClassroom 3 жыл бұрын
Thank you!!!!! :o)
@dannygeed8350
@dannygeed8350 4 жыл бұрын
Paul, this channel has been really helpful for my study efforts. Thank you so much!
@TheRealEstateClassroom
@TheRealEstateClassroom 4 жыл бұрын
You're welcome Danny, I appreciate you taking the time to leave a comment
@deljuliannadel9306
@deljuliannadel9306 3 жыл бұрын
Thank you, your videos are always so helpful!
@TheRealEstateClassroom
@TheRealEstateClassroom 3 жыл бұрын
You're welcome and thank you for taking your valuable time and leaving us a comment. We really do appreciate it. Best of luck with your studies!
@alanmctaggart4371
@alanmctaggart4371 Жыл бұрын
You sir, are a great teacher. I made sure to subscribe to this channel for potential future reference because of that simple fact.
@TheRealEstateClassroom
@TheRealEstateClassroom Жыл бұрын
Thank you, Alan. I appreciate you leaving a comment!
@pariluvanil
@pariluvanil 3 жыл бұрын
Hi Paul,Is there a video on difference between constructive notice and actual notice?Title records?
@TheRealEstateClassroom
@TheRealEstateClassroom 3 жыл бұрын
So... Actual Notice is when someone has received notice about something that could affect their interest such as being served papers about a law suit you're involved in by the sherriffs deputy... Constructive Notice Constructive Notice is where although that person did not receive actual notice of something, the law considers them to have received notice. For example, when a deed is recorded at the court house.
@pariluvanil
@pariluvanil 3 жыл бұрын
@@TheRealEstateClassroom Ok Thanks Mr Paul
@TheRealEstateClassroom
@TheRealEstateClassroom 3 жыл бұрын
@@pariluvanil You're welcome!
@gloriadouglas5968
@gloriadouglas5968 2 жыл бұрын
Hi Paul records title
@gloriadouglas5968
@gloriadouglas5968 2 жыл бұрын
Second home
@SanjayPatel-lh8hz
@SanjayPatel-lh8hz 2 жыл бұрын
sir, i don't see any "i" on upper right corner. Just to let you know.
@lindamills9248
@lindamills9248 3 жыл бұрын
Very informative. Thank You
@TheRealEstateClassroom
@TheRealEstateClassroom 3 жыл бұрын
Glad it was helpful!
@nutinman4u
@nutinman4u 7 ай бұрын
Have you filed post form 7461 Requesting that the postmaster general( grantor)transfers the title to the land to the homeowner (Grantee)
@richierich4907
@richierich4907 2 жыл бұрын
Amazing explanations thank you 😊
@TheRealEstateClassroom
@TheRealEstateClassroom 2 жыл бұрын
Thank you!!! :o)
@CarmenMendoza-gx8xm
@CarmenMendoza-gx8xm 3 жыл бұрын
this was sooooooo helpful thank you!!!
@TheRealEstateClassroom
@TheRealEstateClassroom 3 жыл бұрын
I'm so glad!Thanks for leaving a comment!
@lisaharrison4361
@lisaharrison4361 Жыл бұрын
Hi! Example: if 3 people have a deed to the same property, and one person out of the three records the deed. Who has priority and why? Thank you
@TheRealEstateClassroom
@TheRealEstateClassroom Жыл бұрын
None... because recording the deed has no impact on ownership.
@wenyazhao6536
@wenyazhao6536 4 жыл бұрын
Useful video!Love it
@TheRealEstateClassroom
@TheRealEstateClassroom 4 жыл бұрын
Glad it was helpful!
@roberthorton8738
@roberthorton8738 4 жыл бұрын
Hey , I am studying for my state exam and I happen to be studying transfers . Deed restrictions and habendum clause are non essential for a valid deed , unless the text in my book is incorrect
@TheRealEstateClassroom
@TheRealEstateClassroom 4 жыл бұрын
Hi Robert... well it depends... they are essential for the Warranty Deed (General Warranty Deed) but not for the lessor deeds. Based on student feedback who've taken the test, they've indicated the habendum and deed restriction have been part of the choices as answers to questions. So I included them as essential elements. It's all about passing the exam :o) Thanks for the comment and great job paying attention to the details. Best of luck!
@veronicat.3918
@veronicat.3918 3 жыл бұрын
You are the best ❤
@TheRealEstateClassroom
@TheRealEstateClassroom 3 жыл бұрын
Thank you!
@munecahermosaddios1286
@munecahermosaddios1286 3 жыл бұрын
Have failed the test twice !!! Not easy it gets harder once in the PSI … Any tips please ? Thanks
@mauriciohernandez6552
@mauriciohernandez6552 3 жыл бұрын
What's the big difference between national and state if you've taken it? Also what would be your recommendation on applying emphasis
@gloriadouglas5968
@gloriadouglas5968 2 жыл бұрын
No class
@Camsinzi
@Camsinzi 4 жыл бұрын
Thank you so much 😊
@dudleydorite7678
@dudleydorite7678 2 жыл бұрын
I got one that says "for the uses and purposes of highway only" Back in 1910 when the railroad was around But not sure if it is still in effect they merged and bankrupted And now csx railroad has use of the tracks
@jamiquesmith8425
@jamiquesmith8425 4 жыл бұрын
thank you so much!
@jatire1
@jatire1 Жыл бұрын
Can a Real Estate agent list a house on MLS for sale if the seller doesn't have legal title to the property because it was on a land contract sale. The buyer of the house did not satisfy the full payment of the house before listing the house for sale. Is that legal in Michigan? If not, what MCL code addresses that?
@munecahermosaddios1286
@munecahermosaddios1286 3 жыл бұрын
My second time Failing the PSI Exam I’m a little upset … it’s the way they word the Question what gets me also being timed that I don’t think it’s Right ! I’m a slow Learner and Thinker Not embarrassed to say it just being real ! Need help ….
@erikarubio594
@erikarubio594 3 жыл бұрын
Wow I feel the same way!!
@TheRealEstateClassroom
@TheRealEstateClassroom 2 жыл бұрын
I totally agree with you. The test is designed to incourage failure. Remember, they get paid for every retest. That's just my opinion... Don't give up!!! Don't give up!
@TheRealEstateClassroom
@TheRealEstateClassroom 2 жыл бұрын
Great suggestion!
@CurtinTales
@CurtinTales 3 жыл бұрын
hello. how is the acceptance by the grantee proven? does the grantee have to sign the deed to evidence acceptance, or by merely holding the deed sufficient? thank you.
@gloriadouglas5968
@gloriadouglas5968 2 жыл бұрын
Grantee have to sign the deed
@JanetDiaz6152
@JanetDiaz6152 2 жыл бұрын
Can the 4 siblings sue the sister that is preventing us from conveying a deed to all 5 names. For over 2 years we been back and forth . Hired an attorney for probate. Cause The will Of our Mother, mysteriously disappeared. My Nephew is the Fiduciary after she again tried to prevent that from happening. She moved in with her son into the 1st floor, of a 2 family home . And Will not pay anything compensate. WE hired a contractor to fix / repairs in the house . She fired the contractor and threaten him to be arrested if he came back to do work. We been paying all the bills from rent coming in from 2nd floor. As of now we can not buy her out , and we all want the 4 siblings to convey the deed to all 5 sibling . And she will not corporate. Can we sue her and what type of lawyer should we be seeking.? And from my understanding we have 3 months to convey deed or surrogate court will take over .?
@TheRealEstateClassroom
@TheRealEstateClassroom 2 жыл бұрын
Hi Janet... wow you have a lot going on... Stick with the attorney. Unfornately that is what's going to be needed...
@rosemerecunha5634
@rosemerecunha5634 3 жыл бұрын
How do I calculate the deed fees in SC? Can I please have an example
@gloriadouglas5968
@gloriadouglas5968 2 жыл бұрын
Total separate from the deed
@surajgaikwad2973
@surajgaikwad2973 Жыл бұрын
Thank you
@Ash-do2pv
@Ash-do2pv 4 жыл бұрын
No wonder layman general public gets confused by these legal experts. One says deed is statements of ownership while another says title is the statement of ownership!! See various videos on YT
@TheRealEstateClassroom
@TheRealEstateClassroom 4 жыл бұрын
Hi Ash I totally understand. It's very confusing.
@rogercampos8604
@rogercampos8604 4 жыл бұрын
You have an email address?? I have a guest question??
@TheRealEstateClassroom
@TheRealEstateClassroom 4 жыл бұрын
paul@randallschool.com
@jdubwo4220
@jdubwo4220 3 жыл бұрын
YT algo comment : )
@kristymcnabbers4284
@kristymcnabbers4284 3 жыл бұрын
--looking for legal help.....1.5 million acres was granted to a railroad company by act of congress and patented to said company--all the property was used to secure a number of bonds thus creating a "tenacy in common" and held in trust to pay those bonds.....I own a number of those bonds of said company, not only are said bond first lien on all the property, but they also contain "shares" of the company---So i am part owner----fast forward to today where I'm fighting a known "fraudulent" financial corporation of a PIECE of that real property ---they claim to be a holder a note secured by a mortgage...they put previous owner in foreclosure suit, it got dismissed from lack of prosecution,-=I executed a peaceful repossession by way of quit claim-----HERE is the deal, said RAIL CORPORATION NEVER PASSED title, and in the 1990's some BAR thugs via a corrupt local gvt decided to develop said land into a subdivision---NONE of the "home owners" have clear title, except me----the problem is, the "local gvt" is unjustly enriching themselves on property not belonging to them, and will stop at nothing to see no one gets in their way-----I need help, I am a "share owner" of all of the 1.5 million acres and my bonds determine the percentage of equity I am entitled to......the Bar association of my state, i believe are in charge of the "title companies" which would reveal who is actually behind this fraud.--t
@DraGnFly007
@DraGnFly007 3 жыл бұрын
That is a legal question for sure!
@kristymcnabbers4284
@kristymcnabbers4284 3 жыл бұрын
​@@DraGnFly007 here is a link to the FLA BIENIAL REPORT, it show how FLA WAS granted land and for WHAT PURPOSES...i own a significant share of the bonds and a couple RECIEVER NOTES(paramount lien) the bonds have a principal and interest amount due PLUS for every $100 is an OWNERSHIP SHARE of the equity---1.5 million acres divided into 4000 bonds, most to which have been satisfied, leaving us rare bond holder for the rest...the ONLY similar case i can find is the TEXAS PACIFIC RR. LAND TRUST...ufdc.ufl.edu/UF00080698/00002/15j
@rhondadzierzon8364
@rhondadzierzon8364 2 жыл бұрын
Sounds like you need a really good attorney.
@gloriadouglas5968
@gloriadouglas5968 2 жыл бұрын
Held in trust to pay those bonds
@gloriadouglas5968
@gloriadouglas5968 2 жыл бұрын
Wait you have owner before bonds
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