unit 4 Flashcards
Surveys are legally required to transfer title to real estate.
True
False
False
Legal descriptions should not be created, altered, or combined without adequate information from a surveyor or title attorney.
True
False
True
Virtually all large cities have established U.S. Geological Survey datum.
True
False
False
Which of the following is MOST likely to be included in a legal description of a condominium description?
A)
Fractional share of the buildings common elements
B)
Subsurface description of the pilings supporting the building
C)
Location of amenities offered by the building
D)
Description of the other residents in the building
A)
Fractional share of the buildings common elements
A description meets the standard of being legally sufficient if a
A)
title company certifies the description.
B)
real estate licensee can locate the parcel.
C)
buyer can identify the property by the property address.
D)
competent surveyor can locate the parcel using the description.
D)
competent surveyor can locate the parcel using the description.
What is a detailed way of describing a parcel of land for documents that will be accepted in a court of law?
A) Defined boundaries B) Survey C) Legal description D) Street address
C)
Legal description
Subsurface descriptions are useful for identifying
A) residual owner's rights. B) the water table. C) potential water problems. D) underground condominium units.
D)
underground condominium units.
A description meets the standard of being legally sufficient if a
A)
competent surveyor can locate the parcel using the description.
B)
real estate licensee can locate the parcel.
C)
buyer can identify the property by the property address.
D)
title company certifies the description.
A)
competent surveyor can locate the parcel using the description.
A datum is
A) a calendar method of measurement. B) used in the description of an air lot. C) all of these. D) measured in New York only.
B)
used in the description of an air lot.
Which statement is TRUE?
Click here for the plat of Mountainside Manor Subdivision
A)
Lot 11, Block B has more frontage than Lot 2, Block A.
B)
Lot 9, Block A is larger than Lot 12 in the same block.
C)
The plat for the lots on the southerly side of Wolf Road between Goodrich Boulevard and Carney Street is found on Sheet 3.
D)
Lot 8, Block A has the longest road frontage.
D)
Lot 8, Block A has the longest road frontage.
Which of the following is the BEST way to ensure that there are no encroachments and to verify the boundaries of a parcel of land?
A) Find the monuments. B) Verify the benchmarks. C) Get a spot survey. D) Write a legal description.
C)
Get a spot survey.
On the plat, how many lots have easements?
Click here for the plat of Mountainside Manor Subdivision
A) Three B) Two C) One D) Four
D)
Four
An owner may subdivide the air above the land into
A) subsurface lots. B) air lots. C) cooperative spaces. D) vertical planes.
B)
air lots.
Which of the following is MOST likely to be included in a legal description of a condominium description?
A)
Location of amenities offered by the building
B)
Subsurface description of the pilings supporting the building
C)
Fractional share of the buildings common elements
D)
Description of the other residents in the building
`
C)
Fractional share of the buildings common elements
In describing real estate, a system that uses feet, degrees, and monuments is
A) metes and bounds. B) rectangular survey. C) lot and block. D) government survey.
A)
metes and bounds.
