This topic contains a solution. Click here to go to the answer

Author Question: Explain any two provisions contained in a deed.[br][br][b][color=green]Question ... (Read 45 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588
Explain any two provisions contained in a deed.

Question 2

What are the provisions of the Age Discrimination in Employment Act?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

peilian

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

1. Parties
The grantor and the grantee must be identified, usually by name, in the deed, and the grantee must be a living or legal person. If the grantor is married, the grantor's name and that of a spouse should be written in the deed. If the grantor is unmarried, the word single or the phrase a single person should be used to indicate that status.

2. Consideration

The amount paid, whether in money or money's worth, for the property is the consideration. The amount specified need not be the actual or total price.

3, Covenants

A variety of promises may be contained in the deed, usually referencing the grantee's future use of the land.

4. Description

The property to be conveyed must be correctly described. Unless the law provides otherwise, any description that will clearly identify the property suffices. Ordinarily, however, the description used in the deed by which the present owner acquired the title should be used if correct. The description may be by lots and blocks if the property is in a city; or it may be by metes and bounds or section, range, and township if the property is in a rural area. If the description is indefinite, the grantor retains title.

5. Signature

The grantor must sign the deed. If married, the grantor's spouse also must sign. The grantee need not sign.

6. Acknowledgement

It is common practice for statutes to require that deeds be formally acknowledged before a notary public. Some states also require additional witnesses.



Answer to Question 2

The Age Discrimination in Employment Act prohibits the refusal or failure to hire, the discharge, or any discrimination in compensation, terms, conditions, or privileges of employment because of an individual's age(forty and older). The act applies to employers, labor unions, and employment agencies. The main effect of the act is to prohibit the mandatory retirement of employees. The act does not affect voluntary retirement by employees. It does provide for some limited exceptions and recognizes that age may be a bona fide occupational qualification (BFOQ).



Chloeellawright

  • Hero Member
  • *****
  • Posts: 588

peilian

  • Sr. Member
  • ****
  • Posts: 316

 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

For a complete list of videos, visit our video library

Connection Problems

Connection Problems

Sorry, SMF was unable to connect to the database. This may be caused by the server being busy. Please try again later.