Describe Real Estate Flashcards

1
Q

Clearly defining property rights and property boundaries are addressed by a

A

Land Survey

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2
Q

City, state and zipcode of property

A

Street Address

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3
Q

Area, dimensions and description used to detail the location of a property and its boundaries

A

Legal Description

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4
Q

professional, on-site measurement of the lot lines and dimensions of a property

A

Survey

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5
Q

A survey includes improvements (such as a house) on the property or any encroachments

A

True

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6
Q

Three of the most common legal description systems

A

Lot and block

Metes and bounds

Rectangular government survey system

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7
Q

Uses monuments, compass headings and directions

A

Metes and bounds

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8
Q

Mainly used in urban and suburban areas

A

Lot and block

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9
Q

Divides land into six-mile-square townships that can be further divided

A

Rectangular government survey

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10
Q

A permanent physical marker that is either man-made or natural

A

Monument

These are frequently used in Metes and bounds

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11
Q

Direction and distance of a line forming the boundary of a property.

A

Metes

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12
Q

Physical features that define the boundaries of the land

A

Bounds

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13
Q

Where the survey begins and from this point you follow the legal description information to uncover property boundaries.

A

Point Of Beginning

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14
Q

Either a rectangular or metes and bounds description is referenced.

A

Lot and Block Process

First step

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15
Q

The land is divided into lots with numerical designations of the parcel

A

Lot and Block Process

Second step

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16
Q

The starting point for a lot and block survey

A

Either a metes and bounds or a rectangular survey description

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17
Q

Includes numbered or lettered blocks and lots - along with lot measurements or distances

A

Lot and block system

18
Q

Regulated by the U.S. Department of Interior, Bureau of Land Management

A

Rectangular Government Survey System

19
Q

Divides land into townships and further into sections and fractions of sections

A

Rectangular Government Survey System

20
Q

Consists of 36 one-square-mile sections

21
Q

Consists of 640 Acres

22
Q

North-south line that run through the initial point

A

Principal meridian

23
Q

North-south line that DO NOT run through the initial point

A

Range lines

24
Q

East-west lines that DO NOT run through the initial point

A

Township lines

25
East-west lines that run through the initial point
Base Lines
26
Equal to 640 acres
1 square mile
27
Legal descriptions read from
Right to Left
28
Where the legal description appears
Survey
29
Visual depiction of location and dimensions of a property
Survey sketch
30
Location, size and shape of improvements on a property
Spot survey
31
The first step in the land survey process
Research historical records
32
Transfer, subdivision, combining or modifying property can be reason for a
Survey
33
Horizontal elevation that a datum references
zero elevation
34
vertical datum references a specific distance from any
Horizontal elevation
35
Metes and bounds system uses this to develop a property's legal description
Compass headings and directions
36
A survery that includes a legal description and a survey sketch
What a land surveyor produces
37
How are fence posts, iron stakes, pine trees used in the metes and bounds system?
Can be used as points of beginning
38
Legal description uses compass headings and directions?
Metes and bounds
39
The oldest type of legal description used in the U.S.
Metes and bounds
40
Detailed map of a subdivision that includes boundaries, measurements and distances between points
Plat map
41
Datums and benchmarks measure
Elevations
42
To develop a property's legal description, the lot and block system uses
Plat references