Unit 9 Flashcards
Acres
43560 sq ft
legal description
detailed way of describing a parcel of land. The info is collected thru a survey
3 Methods to Describe Real Estate
Metes and bounds
rectangular survey
lot and block
Metes and Bounds *****
Oldest way to describe
Linear survey starting and end at POB (point of beginning)
Distance and directions
uses monuments and landmarks
Rectangular (Government) Survey **
uses Meridians and baselines
uses townships (E&W), ranges (N&S), sections and quarter line sections
2nd in Indiana
3rd in Cairo
Lot and Block
Recorded plat
Always part of Metes and bounds and rectangular survey
Used for subdivision and urban areas
Lot - numerical designation of particular property
block - subdivision
Township description includes
township tier
range strip
principal meridian
Sections
Range
Each township has 36 sections 1 sq mile (640 acres) each
6 mile wide strips by lines north and south parallel to meridian
Describing lot in Recorded Subdivision Plat
Lot and block number
name or # of subdivision plat
name of county and state
Survey
licensed surveyor completes survey (includes legal description) and survey sketch (shows locations and dimensions)
Used to determine if there are easements, encroachments etc on the property
Survey usually not required for a condo
Spot Survey
Shows location, size and shape of buildings
Datum
point, line or surface from which elevations are measured
Benchmarks
permanent reference points established throughout the US