Unit 2 Module 4 - Property Description Flashcards
Reference to recorded documents
How a licensee typically describes a property in a listing agreement or purchase contract. Deed book & page, plat book & page, PIN/PID - property ID number, and other legal description
Linear feet in a mile
5280
Metes and bounds
How property is measured in North Carolina and 13 other states. Starts at the point of beginning and ends at the point of beginning. Monuments establish boundary lines. Described clockwise
Governmental rectangular survey system
Reference to tiers, townships, sections, principal meridian, and baseline. 35 sections in a township. 640 acred in a section. (1 mile X 1 mile). Principal meridian = north/south. Baseline = East/West
Square feet in an acre
43,560