Question

Which of the following is not transfer of property?

Answer 1

TRANSFER OF TITLE TO REAL ESTATE

There Are 4 METHODS to Transfer REAL ESTATE:
1. VOLUNTARY ALIENATION Either Through a PUBLIC or PRIVATE GRANT.
2. INVOLUNTARY ALIENATION
3. DESCENT
4. WILL

ALIENATION

The VOLUNTARY or INVOLUNTARY transferring of property and possession of Land or other things from one party to another.

VOLUNTARY ALIENATION

Occurs When One Separates Voluntarily. 
e.g: Executes a DEED or a LEASE. Can Either SELL or GIFT the Property.
PUBLIC GRANT - Government Real Estate Sold or Given.
PRIVATE GRANT - Private Real Estate Sold or Given. NOT the Government.



INVOLUNTARY ALIENATION

Occurs When There is a Foreclosure, Tax Sale or Condemnation. NOT BY CHOICE: COURT Determines how the Real Estate Property Will be Transferred.
e.g: IMMINENT DOMAIN, SHERIFF'S OR TREASURER'S DEED, PRESCRIPTIVE SUIT, ADVERSE POSSESSION.

DESCENT

1. INTESTATE SUCCESSION - WITHOUT WILL. 
COURT Determines Who Receives the Estate.
a. ADMINISTRATOR - PERSONAL REPRESENTATIVE.
b. STATUTE OF DESCENT and Distribution set by A.R.S. - Arizona Revised Statutes.
c. PROBATE - COURT Action to Settle Estate.
2. TITLE TRANSFERS AT DEATH - Subject to PROBATE.

WILL

1. TESTATE SUCCESSION - WITH A WILL
a. TESTATOR - Party Who Makes The WILL.
b. EXECUTOR - PERSONAL REPRESENTATIVE.
c. PROBATE
2. TITLE TRANSFERS AT DEATH - Subject to PROBATE
a. DEVISE - Real Property
b. BEQUEST or LEGACY - Personal Property