Which of the following documents typically includes the words of conveyance?

Prepare for the Minnesota Real Estate Salesperson Exam. Engage with flashcards and multiple choice questions, each with hints and explanations. Ace your exam!

The correct choice, which is the real estate deed, is significant in its role as a legal document that facilitates the transfer of property ownership from one party to another. The words of conveyance found in a deed serve a crucial purpose: they express the grantor’s intention to transfer ownership rights to the grantee. This language often includes terms such as "convey," "grant," and "bargain," which clearly establish the intentions and responsibilities associated with the transfer of the property title.

In contrast, a residential lease agreement typically outlines the terms under which a tenant may occupy rental property but does not transfer ownership of the property. A purchase order is more commonly associated with the acquisition of goods and services rather than real estate and does not involve conveyance of property rights. An agency agreement, on the other hand, outlines the relationship and authority between a principal and an agent but also does not involve the actual transfer of property ownership.

By emphasizing the deed's role and its specific wording regarding the conveyance of property, it's clear why it's the document that correctly contains the words of conveyance in this context.

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