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 68 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?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

For a complete list of videos, visit our video library