What makes a deed voidable?

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Prepare for the Real Estate Transactions Exam. Study with engaging quizzes, detailed explanations, and helpful hints. Ace the exam with confidence!

A deed becomes voidable when certain conditions or circumstances affect its validity, meaning that the affected party has the option to affirm or void the deed. In this case, several factors can contribute to a deed being voidable, making all the provided choices valid.

Fraud in inducement occurs when one party is misled into signing the deed based on false information or misrepresentation. This deceit undermines the trust required in contractual agreements, thus allowing the deceived party the option to void the deed.

Incompetency of the grantor refers to a situation where the individual executing the deed lacks the mental capacity to understand the nature and consequences of their actions. If a grantor is deemed incompetent at the time of signing, the deed is voidable since the grantor could not fully consent to the transaction.

Incapacity of the grantor often relates to legal statuses such as being a minor or being declared mentally incompetent by a court. Similar to incompetency, this lack of legal capacity also allows for the possibility of a deed being voidable as the grantor is unable to engage in binding contractual obligations.

Each of these factors independently contributes to the possibility of a deed being voidable, so they all collectively support the conclusion that a deed can be rendered voidable

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