Land Descriptions Flashcards
in Real Estate, a LEGAL DESCRIPTION is?
A description of a particular piece of property recognized in a court of law.
The Legal Description of a property should be a COMPLETE LEGAL DESCRIPTION if the type of transaction is a _______?
(LAMD)
Lease
Assignment
Mortgage
Deed
The Legal Description of a property can be a simple description identifying the property, if the typel of transaction is a _______?
Sales Contract. For example - street address would be sufficient.
When dealing with RAW LAND, what kind of Legal Description will you need?
A COMPLETE LEGAL DESCRIPTION.
What are the different types of Legal METHODS OF DESCRIPTION
MMG, L,B,S-D, VLD, R2O
Monuments Metes and Bounds Government Survey Lot, Block and Subdivision Vertical Land Description Reference to Other Recorded Documents
What is the Monuments Method?
A legal method of description that uses naturally occurring physical features of the land to determine the boundaries of a parcel of real property. It is seldom used because it is considered the least accurate method of description.
Metes and Bounds Method
This method is used to describe property by specifying its shape and dimensions.
What types of property can METES and BOUNDS be used for?
UUI
- Unsubdivided
- Unimproved
- Irregularly shaped parcels.
How does a METES and BOUNDS description work?
It starts at a well-marked POB (Point of Beginning), then establishes the boundaries of the parcel in inches, feet, yards, miles. Then uses landmarks and angles to confine (BOUND) the Metes (LENGTHS and ANGLES) to a given area. Then it returns back to the POB.
Natural Monuments are often replaced by ________ when using the METES and BOUNDS method?
Man-made monuments like iron poles driven into the ground or brass disks put in concrete.
Is a Legal Description that does not return to the POB still good?
No. If the Description does not return to the POB it is considered defective.
How should a POB be established?
Using a known and obvious physical feature (intersection of 2 roads, etc).
How do Surveyors indicate direction in a METES AND BOUNDS survey?
By use of COMPASS ANGLES.
How are Compass Angles calculated?
They use a circle. Divide it into a North-half and a South-half with each half containing 180 degrees.
In a North Half Circle 0 degrees is _____ and in a South Half Circle 0 degrees is _____?
Due North. Due South
In METES and BOUNDS method how is direction described?
By stating that from (N)orth, you go “X” degrees toward E(ast) or W(est) and from (S)outh, you go “X” degrees oward E(ast) or W(est)
Government Survey Method is also called the _____ and _____`
Geodetic or Rectangular Survey and is used in over 30 states.
How does the Government Survey work?
It uses imaginary lines running north and south (MERIDANS), east and west (BASELINES / PARALLELS).
How far apart of the MERIDIANS and BASELINES?
6 Miles apart and they form a checkerboard pattern, creating a township.