Oregon 30-Hour Real Estate Law Practice Test

What must occur for Meg to legally transfer her property to her son, Christian?

1. Christian must be present during the signing.

2. Meg must sign the deed and have her signature acknowledged.

3. The property must be appraised before transfer.

4. Meg must wait until Christian turns 18.

The correct answer is: Meg must sign the deed and have her signature acknowledged.

For Meg to legally transfer her property to her son, Christian, it is essential that she signs the deed and has her signature acknowledged. This process involves Meg formally executing the deed that transfers ownership and having her signature verified by a notary public or other authorized official. Acknowledgment serves as a safeguard against potential disputes regarding the authenticity of the signing, ensuring that Meg acted voluntarily and was of sound mind when making the transfer. The other requirements mentioned in the options are not necessary for the transfer of property to take place. For instance, Christian’s presence during the signing is not a legal requirement; the deed can be executed without him being there. Additionally, an appraisal of the property can be beneficial for various reasons, such as understanding its market value, but it is not a legal prerequisite for the transfer itself. Lastly, there is no legal requirement for Meg to wait until Christian turns 18 to transfer property to him; she can gift or transfer the property to him as a minor. Therefore, the requirement for the deed to be signed and acknowledged is critical for a legitimate and enforceable property transfer.