Oregon 30-Hour Real Estate Law Practice Test

The element of a deed that signifies the grantor's intention to transfer title to the grantee is known as what?

1. Consideration

2. Act of conveyance

3. Execution

4. Delivery

The correct answer is: Act of conveyance

The element of a deed that signifies the grantor's intention to transfer title to the grantee is known as the act of conveyance. This term refers to the specific language and actions that indicate the grantor’s intent to convey the property rights and ownership to the grantee. It is essential in establishing the legitimacy of the transaction and ensuring that the grantee receives the legal title to the property. This act must be clearly indicated in the deed to affirm that the transfer is intentional and voluntary. Consideration, while an important aspect of any contract, refers to what is exchanged in the transaction, such as money or other compensation, rather than the intention to transfer ownership. Execution refers to the formal signing of the deed, which is a necessary component but does not solely capture the broader concept of intent. Delivery involves the physical transfer of the deed to the grantee, which is also crucial, but it does not encompass the initial declaration of intention as effectively as the act of conveyance does.