Real Estate Law States That in Order to Be Valid

question 24

Multiple Choice

Real estate law states that in order to be valid, a deed must contain:

• A) a date
• B) a granting clause
• C) the signature of the grantee
• D) evidence of a notary

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Definitions:

Liabilities

Financial obligations of a business that represent claims against its assets by outsiders.

Stockholders' Equity

Represents the ownership interest of shareholders in the assets of a company, calculated as total assets minus total liabilities.

Creditors' Risk

The risk to lenders that a borrower will not repay a loan or other credit extended, potentially leading to financial loss.

Liabilities

Economic dues a company is obligated to clear with others, which involves dispensing economic benefits progressively over time.