Idaho Real Estate Practice Exam

When a seller attests that the transfer of the deed is of their own free will, what has occurred?

1. Lease agreement

2. Payment of the property taxes

3. Negotiation of contract terms

4. Property appraisal

The correct answer is: Payment of the property taxes

The scenario in which a seller attests that the transfer of the deed is of their own free will specifically pertains to the legal principle of "voluntary conveyance" in real estate transactions. This indicates that the act of transferring the property is done without coercion or undue influence, which is crucial for the legitimacy of the transaction. In this case, the correct answer relates to the seller's affirmation of their free will in the transaction, thereby ensuring that the deed transfer is legally valid. This confirmation typically occurs during or after the negotiation of the sale and is essential for upholding the integrity of the transfer. While payment of property taxes is critical to ensuring there are no liens or outstanding charges on the property, it does not directly relate to the seller's attestation of their free will in the conveyance of the deed. Additionally, lease agreements and property appraisals address different aspects of property management and valuation rather than the conditions of a deed transfer. Therefore, the focus on the seller's free will directly connects to the principle of voluntary conveyance, distinguishing it from the other choices presented.