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Appraisal Principles > Module 4 > Flashcards

Module 4 Flashcards

1
Q

how many feet are in one acre?

A

43,560 sq. ft.

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2
Q

how many feet are in a mile?

A

5,280 ft.

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3
Q

A system for the legal description of land that 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).

A

Metes and bounds

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4
Q

How metes and bounds works

A
  1. Begins and ends at a designated POB (point of beginning.). The boundary courses must produce a closed area.
  2. Monuments (natural or manmade) may be used to establish boundaries
  3. Metes are measure that include direction and distance. Bounds are the terminal points that in some cases are landmarks or monuments.
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5
Q

Metes are

A

the direction and distance. (North 500 feet)

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6
Q

Bounds are

A

the landmarks

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7
Q

A full circle contains ______ degrees

A

360 degrees

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8
Q

Each degree is divided into 60 parts and the parts are called

A

minutes

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9
Q

Each minute is divided into 60 parts, and the parts are called________

A

seconds

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10
Q

A land survey system used in Florida, Alabama, Mississippi, and all states north of the Ohio River or west of the Mississippi River except Texas

A

Rectangular survey system (government)

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11
Q

This system divides the land into rectangles that can be identified based on their location linked to longitude and latitude lines.

A

Rectangular (Government) System

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12
Q

Instead of referring to longitude and latitude, we use the terms____

A

“principal meridians” and “baselines”

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13
Q

There are _____ principal meridians in the United States

A

35

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14
Q

From each meridian and baseline, the surveyors created new lines a 6 mile intervals and these were called _________

A

township lines if they were running east and west; and “range lines” if they were running north and south

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15
Q

Which direction do range lines run?

A

North/South

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16
Q

Which direction to township lines run?

A

East/West

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17
Q

A single Township is________

A

6miles x 6miles
or 36 square miles
contains 36 sections

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18
Q

Principal meridians run? (direction)

A

North/South

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19
Q

Baselines run? (direction)

A

east/west

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20
Q

This is the area between two township lines and two range lines; normally contains 36 sections of approximately 640 acres each.

A

Township

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21
Q

How many acres are in a Township?

A

23,040 acres

640 Acres in one section

22
Q

Vertical column of townships?

A

Range

23
Q

Horizontal row of townships

A

Tier (also known as a township tier)

24
Q

One of the 36 designated areas of land, each approximately one mile square, into which each township is divided.

A

Section

25
Q

Range lines run north and south and create _____

A

columns

26
Q

Township lines create rows referred to as_____-

A

Township tiers

27
Q

How big is a section of land?

A

1 square mile

28
Q

How big is a Township?

A

36 square miles

29
Q

How are sections in a township numbered?

A

starting at the right (northeast corner) and and reading to the left in a snake like pattern.

30
Q

1 section of land is _____ acres

A

640 acres

31
Q

1/2 section of land is_____

A

320 acres

32
Q

1/4 section of land is _____acres

A

160 acres

33
Q

1/4 of 1/4 Section of land is ____acres

A

40 acres

34
Q

1/4 of 1/4 of 1/4 Section is ______acres

A

10 Acres

35
Q

1/4 of 1/4 of 1/4 of 1/4 section is _____ acres

A

2.5 Acres

36
Q

When figuring out the legal start from the

A

right and go to the left.

37
Q

Another way to figure acres is to take all the denominators of the fractions and then divide that resulting number into 640 acres

A

4x4x4=64, and then, 640/64=10

38
Q

Range lines eventually meet at either the north or south poles. True or False

A

True Therefore, few townships are exactly six miles square or contain exactly 36 sections.

39
Q

To adjust for the curvature of the earth, the rectangular survey uses

A

correction lines

40
Q

What is designated as a correction line (and this is a horizontal line)

A

Every 4th township (on this correction line, the range lines are spaced to their full six-mile width

41
Q

Undersized or oversized sections are known as

A

fraction sections. Sections that are exactly one-mile square are called standard sections.

42
Q

In states using rectangular survey, it is common to find metes and bounds included within the government survey description for these reasons

A
  1. The description involves an asymmetrical or irregular parcel of land.
  2. The land parcel is simply too small to be described by quarter sections.
  3. The described parcel does not follow recorded subdivision, section or quarter section lines.
43
Q

The _____, also known as recorded plat, is basically a map (albeit a very precise map) that is produced and then recorded in the county where the land is located.

A

The lot and block system

44
Q

The map is based on the work of surveyors and engineers who subdivide the land and assign lot numbers to identify individual sites within blocks.

A

The lot and block system

45
Q

To find the land parcel, _______

A

you look up the recorded plat or subdivision at a county office and then search for the referenced lot and block numbers. (Lots are contiguous, but the lot numbers don’t always coincide with the tax parcel numbers.

46
Q

_________ is used for identifying land within subdivisions, and it it the most common form of legal description used in metropolitan areas.

A

Lot and block

47
Q

This method is used to identify air space rights at precise elevations

A

Vertical description

48
Q

What term best identifies a fixed object used to establish real estate boundaries in the metes and bounds system?

A

Monument

49
Q

Irregular parcels that do not fit into the range/township model are_______

A

government lots

50
Q

How many acres are contained in a typical 36 square mile township?

A

23,040 acres

Appraisal Principles (19 decks)

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