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This Chapter regulates certain aspects (requisites, effect of transfer, form of grant, etc.) of the transfer of real property. An estate in real property, other than an estate at will or for a term not exceeding one year, can be transferred only by operation of law, or by an instrument in writing, subscribed by the party disposing of the same, or by his agent thereunto authorized by writing (sect. 1 of Article 1). Section 2 of Artcile 1 defines the form of grant of an estate in real property. Article 2 makes provision with respect of the effect of a transfer of a real property on easements, fee simple, and effects of conveyance of limited estate, conditional grants, grants with subsequent condition, and some other matters relating to transfer such as implied covenants, definition of boundaries, etc.