Describe Real Estate Flashcards
Clearly defining property rights and property boundaries are addressed by a
Land Survey
City, state and zipcode of property
Street Address
Area, dimensions and description used to detail the location of a property and its boundaries
Legal Description
professional, on-site measurement of the lot lines and dimensions of a property
Survey
A survey includes improvements (such as a house) on the property or any encroachments
True
Three of the most common legal description systems
Lot and block
Metes and bounds
Rectangular government survey system
Uses monuments, compass headings and directions
Metes and bounds
Mainly used in urban and suburban areas
Lot and block
Divides land into six-mile-square townships that can be further divided
Rectangular government survey
A permanent physical marker that is either man-made or natural
Monument
These are frequently used in Metes and bounds
Direction and distance of a line forming the boundary of a property.
Metes
Physical features that define the boundaries of the land
Bounds
Where the survey begins and from this point you follow the legal description information to uncover property boundaries.
Point Of Beginning
Either a rectangular or metes and bounds description is referenced.
Lot and Block Process
First step
The land is divided into lots with numerical designations of the parcel
Lot and Block Process
Second step
The starting point for a lot and block survey
Either a metes and bounds or a rectangular survey description
Includes numbered or lettered blocks and lots - along with lot measurements or distances
Lot and block system
Regulated by the U.S. Department of Interior, Bureau of Land Management
Rectangular Government Survey System
Divides land into townships and further into sections and fractions of sections
Rectangular Government Survey System
Consists of 36 one-square-mile sections
Township
Consists of 640 Acres
Section
North-south line that run through the initial point
Principal meridian
North-south line that DO NOT run through the initial point
Range lines
East-west lines that DO NOT run through the initial point
Township lines
East-west lines that run through the initial point
Base Lines
Equal to 640 acres
1 square mile
Legal descriptions read from
Right to Left
Where the legal description appears
Survey
Visual depiction of location and dimensions of a property
Survey sketch
Location, size and shape of improvements on a property
Spot survey
The first step in the land survey process
Research historical records
Transfer, subdivision, combining or modifying property can be reason for a
Survey
Horizontal elevation that a datum references
zero elevation
vertical datum references a specific distance from any
Horizontal elevation
Metes and bounds system uses this to develop a property’s legal description
Compass headings and directions
A survery that includes a legal description and a survey sketch
What a land surveyor produces
How are fence posts, iron stakes, pine trees used in the metes and bounds system?
Can be used as points of beginning
Legal description uses compass headings and directions?
Metes and bounds
The oldest type of legal description used in the U.S.
Metes and bounds
Detailed map of a subdivision that includes boundaries, measurements and distances between points
Plat map
Datums and benchmarks measure
Elevations
To develop a property’s legal description, the lot and block system uses
Plat references