Ray signs a one-year lease for a studio apartment with landlord A. Which of the following is an example of a novation? A. A balcony unit opens up, so Al substitutes a new lease for that unit and Kay moves. B. Kay's job is transferred out the state, so she needs to move; her sister, Kara is looking for a place, so Kara signs an agreement to pay the rent each month, moves in, and takes over payments for the lease. C. Kay decides she would like to move prior to the one year mark, and Al agrees to end the lease early. D. Kay's lease ends, and Al lets her remain in the apartment month-to-month without a new signed agreement. 61. If a seller defaults on an agreement of sale, which of the following is NOT an option for the buyer? A. sue for punitive damages B. sue for money damages C. accept liquidated damages D. sue for specific performance Questions 62-73 are related to content from Section 6 of the Student Manual, \"Land Use \\& Development,\" and its related textbook readings (Chapter 6). 62. If a person dies testate, then property wall transfer via devise, which is an example of A. voluntary alienation. B. dedication. C. escheat. D. intestate succession. 63. In a quitclain deed, the grantor A. asserts an interest in the property. B. coveriants that the grantor holds title. C. implies that the grantor owns an interest. D. conveys whatever interest the grantor holds, if any. 64. A deed in which the grantor states he or she owns an interest, but is only providing wartanty with regard to delects occurning during his or her ownership is a A. deed in lieu of foreclosure. B. special warranty deed. C. general warranty deed. D. judicial deed. 65. Who of the following is required to sign a deed? A. Grantar(s) B. Grantee(s) C. Both the grantor(s) and the grantee(s) D. Neither the grantor(s) nor the granteo(s) 66. Which of the following is NOT an essential element of a deed? A. Consideration B. Execution of the deed by the grantee C. Legal Desciption D. Granting Clause 67. The right of a borrower in dofault to restore a morngage to is original stabs is known as. A. reversion. B. reconcilation. C. requisition. D. redemption