Chapter 1 Flashcards
Fructus Industriales or Emblements
Crops that are planted and harvested each year such as corn, wheat, soybeans, and tobacco
Riparian Rights
Concern those properties that border a river or stream and the owner has the right to use the water for such things as swimming, boating or fishing
Trade fixtures
As long as they are new additions and not replacements for things that were already there, are the tenants personal property
What does the contract state?
A wise real estate agent makes sure to list in writing any of these “doubtful” items the seller intends to remove or that the buyer expects to acquire in the sales agreement
Metes
Distances and direction
Bounds
Landmarks or monuments
Metes and Bounds
Method of legal description identifies the parcel by describing its boundaries
Artificial monuments
Man made markers such as stakes, metal pins, concrete markers, roads, walls, or fences
Natural monuments
Objects like trees and rocks
Bearings
Compass directions
Point of beginning
The place in the property where the survey begins
Bench mark
Fixed points set in place by the US Geological Survey
Principal meridians
North - South longitude lines
Base Lines
East - West latitude lines
Recorded plat
Used in GA - mostly in subdivisions
Most convenient legal description
Land divided into blocks… blocks are divided into lots
