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Basic Appraisal Principles > Chapter 6 > Flashcards

Chapter 6 Flashcards

1
Q 
How many acres are in a quarter-section?
40
220
160
640
A

160

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2
Q

Which system of legal descriptions is based on standardized measurements and consistent rectangles and squares?

lot and block
rectangular survey
metes and bounds
global positioning satellite

A

Rectangular Survey

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3
Q

The rectangular survey system is also known as the

lot and block system
GPS survey system
aerial survey system
government survey system

A

Government Survey System

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4
Q

Parcels’ lot and block numbers refer to what?

A

Lot and block system

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5
Q

What was the earliest of the systems of legal description utilized in the United States?

A

Metes and Bounds

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6
Q

What does metes and bounds refer to?

A

refers to the parcel’s boundaries, which are formed by the point of beginning (POB) and all intermediate points (bounds) and the courses or angular direction of each point (metes).

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7
Q

How many sq acres is a chain?

A

10 sq chains

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8
Q

How many links are in a chain?

A

100 links

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9
Q

How many sq feet are in an acre?

A

43,560 sq ft

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10
Q 
A farmer purchased a half-section for $456,000. How much did he pay for the property per acre?
$1,425
$1,188
$1,375
$779
A

$456,000 ÷ 320 = $1,425.

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11
Q 
A section is one square mile. How many acres is this?
640
720
540
160
A

640

One sq mile contains 640 acres

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12
Q

“Metes” refers to __________ and “bounds” refers to _________.

distance, direction
rods, chains
bearing, distance
townships, sections

A

bearing, distance

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13
Q

Which system of legal descriptions came into common usage in the 1950s with the development of large subdivisions?

rectangular survey
metes and bounds
lot and block
rod and chain

A

lot and block

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14
Q

A rectangular lot measures 222.5 feet by 1372.25 feet. How many acres is this?

  1. 98
  2. 67
  3. 88
  4. 01
A

7.01

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15
Q

Which system of legal description is the earliest of systems used in the U.S.?

metes and bounds
lot and block
rectangular survey
U.S. Postal Service description

A

Metes and bounds

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16
Q

Which is NOT one of the primary systems of legal descriptions?

rod and chain
lot and block
rectangular survey
metes and bounds

A

Rod and chain

17
Q

Which system of legal descriptions uses townships?

Rectangular Survey
Lot and Block
Metes and Bounds
U.S. Postal Service System

A

Rectangular Survey

18
Q

Which system of legal descriptions is found primarily in the Northeast?

Government Survey
Lot and Block
Metes and Bounds
None of the above

A

Metes and bounds

19
Q

A rectangular lot measures 8 chains and 36 links by 4 chains and 24 links. How many acres is that?

3.55
3.89
4.44
5

A

3.55

20
Q

A lot contains 2.41 acres. It sells for $150,000. How much did it sell for per square foot?

$1.15
$1.43
$1.67
$2.19

A

$1.43

21
Q

The earliest system of legal descriptions is the ______________ system.

GPS
Lot and Block
Metes and Bounds
Rectangular Survey

A

Metes and Bounds

22
Q

The bearing relative to north or south is called

metes
bounds
degrees
minutes

A

Metes

23
Q

The most recent system of legal descriptions is the ______________ system.

Feudal
Lot and Block
Metes and Bounds
Rectangular Survey

A

Lot and Block

24
Q

A rectangular lot measures 182.4 feet by 378.1 feet. How many acres is that?

  1. 01
  2. 58
  3. 82
  4. 11
A

1.58

25
Q 
In the rectangular survey system, a section contains \_\_\_\_\_ square mile(s)
1
6
36
640
A

1

26
Q 
A rancher owns 8 full sections and 3 half sections. He sells off 5 quarter sections. How many acres are left?
4,840
5,280
5,400
6,020
A

5280

27
Q 
A rod contains \_\_\_\_\_\_ feet.
8
16.5
66
660
A

16.5

28
Q

A rectangular lot measures 569.32 feet by 414.90 feet. How many acres is that?

  1. 78
  2. 59
  3. 42
  4. 81
A
  1. 59

569. 32 X 414.90 = 236,210.87 ÷ 43,560 = 5.42.

29
Q 
A farmer owns 4 full sections, 2 half sections and 7 quarter sections. How many acres is that?
1,660
2,440
3,680
4,320
A

4 X 640 = 2,560. 2 X 320 = 640. 7 X 160 = 1,120. 2,560 + 640 +1,120 = 4,320.

30
Q 
In the rectangular survey system, a township contains \_\_\_\_\_\_ square miles.
6
36
40
620
A

36

31
Q 
A chain contains \_\_\_\_ feet.
8
16.5
66
660
A

66

32
Q 
A section contains \_\_\_\_\_ acres.
1
6
36
640
A

640

Basic Appraisal Principles (19 decks)

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