Ch. 1 Terms

Question 1

3 PHYSICAL characteristics of land

Answer 1

Immobility
Non-Homogeneity (unique)
Indestructibility

Question 2

Situs

Answer 2

Location, location, location.

Question 3

Economic characteristics of land

Answer 3

Situs, Improvements, Scarcity

Question 4

Fixed Investment

Answer 4

Improvements that are made with the intent of lasting a long time.

Question 5

Scarcity

Answer 5

The less available land where needed, the more valuable the land.

Question 6

Spot Survey

Answer 6

Process of locating the exact boundaries, shape, and area, as well as the improvements on the land.

Question 7

Plat of Survey

Answer 7

Shows location and boundaries of a land parcel and may show subdivision.

Question 8

Metes and bounds

Answer 8

Identifies the parcel by describing its boundaries. in GA Metes and bounds description are only used for undeveloped land.

Question 9

Metes

Answer 9

Distance and direction

Question 10

Bounds

Answer 10

Landmarks or monuments

Question 11

Artificial monuments

Answer 11

Man-made stakes, metal pins, concrete markers, roads, walls or fences

Question 12

Natural monuments

Answer 12

Trees, rocks

Question 13

Benchmark

Answer 13

Point of beginning (metes and bounds)

Question 14

T/F

Metes and Bounds description is the best method to use to describe an irregularly shaped lot

Answer 14

True

Question 15

Rectangular Survey/Government survey

Answer 15

NOT USED IN GEORGIA!

North-south lines are Principal Meridians

Question 16

Characteristics of Rectangular Survey/Gov’t survey

Answer 16

Meridian, survey, baseline.

Question 17

Baseline

Answer 17

East to west

Question 18

Principal meridians

Answer 18

North-south

Question 19

Township

Answer 19

36 square miles

Question 20

Section

Answer 20

(inside the township) 1x1 square mile

Question 21

How many sections are in 1 township?

Answer 21

36

Question 22

what is the size of 1 section of land

Answer 22

640 acres

Question 23

Calculate square feet

Answer 23

Length x Width

Question 24

Convert square feet to acres

Answer 24

divide by 43,560

Question 25

Recorded Plat (Short form)

Answer 25

Legal Description used in Ga.

Land is divided into blocks
Blocks are divided into lots.

Question 26

Vertical Land Description

Answer 26

Used for the description of air lots

Question 27

Datum

Answer 27

A point from which height or depth can be measured.

Question 28

Topographic/Contour

Answer 28

Map showing the shape of the earth’s surface.

Question 29

Three cases where the legal description can not be used.

Answer 29

1. Seller isn’t selling the entire tract of land
2. Seller has previously sold part of the land
3. when a recent survey in in conflict with the description on the deed.