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Real Estate > Unit 5 - Land Description > Flashcards

Unit 5 - Land Description Flashcards

1
Q

What is a legal description

A

A detailed way of des

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1
Q

What is a legal description

A

A detailed way of des

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2
Q

What is a legal description

A

A detailed way of describing a parcel of land in a document that will be accepted in a court of law.

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3
Q

What is a Survey

A

The process by which boundaries are measured by calculating the dimensions and area to determine the exact location of a piece of land.

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4
Q

What are the 3 basic methods currently to describe real estate

A

Metes and Bounds, Rectangular (Government) Survey, Lots and Block (recorded Plat)

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5
Q

What is Metes and Bounds Method

A

Relies on property’s physical features to determine the boundaries and measurements of the parcel. Starts and ends at Point of Beginning.

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6
Q

What is Point of Beginning (POB)

A

In Metes and Bounds method it is the starting and ending point of measurement.

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7
Q

What are monuments

A

Fixed objects used to identify the Point of Beginning

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8
Q

What phrases are often included in Metes and Bound measurements

A

“more or less”, and “to the point of beginning”, to ensure closure and to remove questions if an error in footage prevents closure. Also allows for angles.

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9
Q

What is the Rectangular (Government) Survey System

A

Established 1785, based on two sets of intersecting lines: Principal Meridians and base lines.

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10
Q

What direction do Principal Meridians and Base Lines run and how many are there

A

Principal Meridians run North/South, Base Lines run East/West. There are 37 Principal Meridians

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11
Q

What are Township Lines

A

Lines running east and west, parallel to the base line, six miles apart.

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12
Q

What are Tiers

A

The strip of land between township lines.

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13
Q

What are Range Lines

A

Lines running north and south, parallet to the Principal Meridian, six miles apart

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14
Q

What are Ranges

A

Strip of land between Range lines

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15
Q

What are Townships

A

The squares formed when Township lines and Range Lines cross. They are 6 miles square and contain 36 square miles. The basic units of the Rectangular Survey System

16
Q

What 3 things must a Township’s legal description contain

A

Designation of the tier in which the township is located
Designation of the range, and
Name or number of the principal Meridian for that area

17
Q

What are Sections

A

Townships are divided into sections. Each township has 36 Sections. Each Section is 1 square mile (640 acres), with 43,560 square feet in each acre.

18
Q

What section is called the School Section

A

16

19
Q

How do you calculate acres in Rectangular Survey System

A

Multiply denominators (SE1/4 by SE1/4 is 4x4=16) Divide 620 (acres) by 16 and you have 40 acres.

20
Q

What does a semi-colon mean in description

A

Means “and”

21
Q

What is the Lot and Block Method

A

Also known as “recorded plat” method, uses lot and block numbers, referred to in a plot map filed in the public records of the county where the land is located. Used mostly in subdivisions and urban areas.

22
Q

What is a plat map

A

a map of a town, a section, or a subdivision, indicating the location and boundaries of individual properties.

23
Q

What does the Lot and Block system start with

A

The preparation of a subdivision plat by a licensed surveyor or engineer.

24
Q

What 3 identifiers are used as part of the legal description describing a lot from a recorded subdivision plat

A

Lot and block number
Name or number of the subdivision plat
Name of the county and state

25
Q

What is a survey

A

States the property’s legal description

26
Q

What is a Survey Sketch

A

Shows the location and dimension of the parcel.

27
Q

What is a Spot Survey

A

Survey that shows the location, size, and shape of buildings on the lot.

28
Q

What are air lots

A

Suvdivision of air space above the land on a lot (Condo)

29
Q

What is a Datum

A

A point, line, or surface from which elevations are measured or indicated. It is defined by the U.S. Geological Survey as the mean sea level of the New York Harbor.

30
Q

What are benchmarks

A

Monuments that have been established as permanent reference points throughout the U.S. Principal reference for marking datums.

31
Q

What is the “Front Foot” (FF) of a property

A

The amount of area on the main road

32
Q

How many feet in a mile

A

5,280

33
Q

How many square feet in an acre

A

43,560

34
Q

How many acres in a square mile

A

640

Real Estate (13 decks)

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