A formal declaration before a notary that a signature on a document is genuine and voluntary.
Why Acknowledgment matters on the exam
This term belongs to Transfer of Title. The questions below are real items from Freehold's bank that use it - each one cites its source.
Exam questions using Acknowledgment
Every Freehold question shows why the right answer is right — and cites its source.
Under the federal lead-based paint disclosure rule, sellers, lessors, and their agents must retain the signed disclosure and acknowledgment records for at least how long?
1 year
3 years
5 years
10 years
Show answer & explanation
3 years — 40 CFR §745.113 requires the signed lead-based paint disclosure and acknowledgment to be kept for at least three years from the date the seller's or lessor's obligation began, so compliance can be verified later.
Source: 40 CFR §745.113 — Certification and Acknowledgment of Disclosure
Acknowledgment (notarization) of a deed is generally required in order to:
Transfer title between the grantor and grantee
Make the deed eligible for recording
Completely satisfy the statute of frauds
Create the granting clause
Show answer & explanation
Make the deed eligible for recording — Acknowledgment before a notary or other authorized official is typically a prerequisite for recording a deed in the public records, though it is not what makes the deed valid between grantor and grantee.
Source: PSI National Real Estate Exam Content Outline §9 Transfer of Title
The clause in a deed that contains the actual words of conveyance, such as 'grant, bargain, and sell,' is known as the:
Granting clause
Habendum clause
Acknowledgment clause
Reversion clause
Show answer & explanation
Granting clause — The granting clause contains the operative words of conveyance that actually transfer the grantor's interest to the grantee, distinguishing the deed from a document that merely describes the property.
Source: PSI National Real Estate Exam Content Outline §9 Transfer of Title
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