Module 4 Quiz Flashcards

1
Q
A land parcel located in Section 14 measures 660 feet by 330 feet. How many acres does this parcel have?
A) 5 acres
B) 10 acres
C) 20 acres
D) 640 acres
A

A) 5 acres

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2
Q
A parcel of land that is legally described as 1/4 of 1/4 of 1/4 of 1/4 of a
section has
A) 2.5 acres.
B) 160 acres.
C) 10 acres.
D) 40 acres.
A

A) 2.5 acres.

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3
Q
What is the square foot equivalent that represents the size of one acre?
A) 5,280 sq. ft.
B) 43,560 sq. ft.
C) 640 sq. ft.
D) 6,969,600 sq. ft.
A

B) 43,560 sq. ft.

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4
Q
What term best identifies a fixed object used to establish real estate boundaries in the metes and bounds system?
A) baseline
B) point of beginning
C) meridian
D) monument
A

D) monument

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5
Q
An appraiser was analyzing a site and discovered from the plat that it was based on a government lot. Under what system of legal description does this generally fall under?
A) metes and bounds
B) lot and block
C) rectangular survey system
D) recorded plat
A

C) rectangular survey system

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6
Q
What method of legal description is most frequently used west of the Mississippi and Ohio Rivers?
A) metes and bounds
B) rectangular survey
C) lot and block
D) recorded plat
A

B) rectangular survey

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7
Q

Which answer is an example of a legal description of the rectangular survey method?
A) a parcel of land beginning at the oak tree in Bill Jones’ farm, then southwest 123 feet to the center of the creek next to the bridge over U.S. Highway 35
B) unit 27 in Marks Horizontal Property Regime
C) part of the Northwest Quarter of Section 25, Township 17N, Range 3E
D) lot 27 in Pleasant View Acres

A

C) part of the Northwest Quarter of Section 25, Township 17N, Range 3E

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8
Q

When an appraiser reads a rectangular survey
description, what is the best method to begin the process?
A) Start with descriptions that include “N” and work progressively to descriptions
that include “S”

B) Start with the directional description located at the end and work progressively to the beginning of the description.

C) The order in which you read the description is irrelevant.

D) Start with the first directional description and work progressively to the last description.

A

B) Start with the directional description located at the end and work progressively to the beginning of the description.

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9
Q

Which of the following legal descriptions describe a 2.5acre parcel?

A) SE 1/4 of NE 1/4 of Section 12, Township 2N, Range 4E

B) S 1/2 of the SE 1/4 of NE 1/4 of Section 12, Township 2N, Range 4E

C) S 1/2 of the NW 1/4 of the SE 1/4 of the SE1/4 of NE1/4 of Section 12, Township 2N, Range 4E

D) NW 1/4 of the SE 1/4 of the NE 1/4 of NE 1/4 of Section 12, Township 2N, Range 4E

A

D) NW 1/4 of the SE 1/4 of the NE 1/4 of NE 1/4 of Section 12, Township 2N, Range 4E

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10
Q

Government lots are

A) parcels owned by local government.
B) parcels owned by the Federal Government.
C) parcels that are too small to be included in the range/township model.
D) irregular parcels that do not fit into the range/township model.

A

D) irregular parcels that do not fit into the range/township model.

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11
Q

Survey lines that run east and west at six mile
intervals and are located either north or south of a baseline may be best identified as what type of lines?
A) township lines
B) section lines
C) range lines
D) principal meridians

A

A) township lines

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12
Q
Township lines:
A) run east-west.
B) run parallel with county roads.
C) depend on the township.
D) run north-south.
A

A) run east-west.

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13
Q
In the rectangular survey method, which section is located directly north of section 23?
A) section 24
B) section 22
C) section 27 
D) section 14
A

D) section 14

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14
Q
How many acres are contained in a typical 36 square mile township?
A) 5,760 acres
B) 2,560 acres
C) 23,040 acres
D) 640 acres
A

C) 23,040 acres

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15
Q
How many acres are in a square mile?
A) 640
B) 43,650
C) 3,200
D) 2,560
A

A) 640

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16
Q

The method of legal description most frequently used west of the Mississippi River is ________.

A

rectangular survey

17
Q

The SE 1/4 of Section 10 contains how many acres?

A

160 acres

18
Q

Malloy sold a land tract for $2,500 per acre described as S 1/2 of the NE 1/4. What as the total price of the land?

A

$200,000 (80 acres x $2,500)