Chapter 9: Legal Descriptions Flashcards
The process by which boundaries are measured by calculating the dimensions and area to determine the exact location of a piece of land
Survey
A detailed way of describing a parcel of land for document such as deeds and mortgages that will be excepted in a court of law
Legal description
What are the three basic methods that can be used to describe real estate
Metes and bounds.
Rectangular survey.
Lot and block
The oldest type of legal description. A properties physical features to determine the boundaries the measurements of the parcel
Metes-and-bounds method
This description always starts at a designated place on the parcel
Point of beginning
Fixed objects used to identify the point of beginning, the ends of the boundary segment, or the location of intersecting boundaries
Monuments
Sometimes called the government survey system was established by Congress in 1785 to standardize the description of land acquired by the newly formed federal government. The system is based on two sets of intersecting lines principal meridians and base lines
Rectangular survey system
What runs north and south
Principal meridians
What runs east and west
Baseline
Lines running east and west, parallel to the baseline and 6 miles apart,
Township lines
What does each township contain
36 sections. Each section is one square mile, or 640 acres
What should legal descriptions always include
The name of the county and state in which the land is located because meridians often relate to more than one state and occasionally related to two base lines
When surveying land, a surveyor refers to the principal meridian that is?
Within the rectangular survey system area in which the land being surveyed is located
And describing real estate, the system that uses feet, degrees, and natural and artificial markers as a monument is?
Metes and bounds
A buyer purchased a 1 acre parcel for $2.15 per square foot. What is the selling price of the parcel
$93,645