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Illinois Real Estate > Unit 9 - Legal Descriptions > Flashcards

Unit 9 - Legal Descriptions Flashcards

1
Q

Define a Legal Description

A

A detailed way of describing land for a deed or mortgage

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2
Q

What are the three methods of describing real estate?

A

Metes & Bounds
Rectangular Survey
Lot & Block

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3
Q

Define Metes & Bounds

A

Metes means distance, bounds means directions

It relies on a properties physical features to determine boundaries and measurements

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4
Q

Where does a Metes and Bounds system start?

A

At a designated place called a Point of Beginning

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5
Q

Define Monuments

A

Boundaries that are recorded by referring to landmarks

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6
Q

Define Rectangular Survey System

A

Is based on principle meridians and baselines

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7
Q

What are the divisions used in a Rectangular Survey System?

A

Townships
Ranges
Sections
Quarter Sections

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8
Q

Define Townships

A

Lines running east and west, usually 6x6 square miles

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9
Q

Define Ranges

A

Lines running north and south, usually 6 mile wide strips parallel to the miridian

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10
Q

Define Sections

A

A 1 square mile/640 acre plot of land, there are 36 in a township

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11
Q

Define Quarter Sections

A

A quarter of a section or 160 acres

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12
Q

How many square feet in an Acre?

A

43,560

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13
Q

Define Correction Lines

A

Every fourth township line, needed due to the curvature of the earth

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14
Q

Define Government Checks

A

Created by correction lines, these irregular areas hold fractional and standard sections

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15
Q

Define Government Lots

A

Areas smaller than a quarter section

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16
Q

Define Lot and Block System

A

Starts with a subdivision plat
Parcel of land is described by metes & bounds or rectangular survey
Then its broker down into small parcels

17
Q

Define Subdivision Plat

A

Land that is divided into numbered and lettered lots and blocks

18
Q

What are the 3 identifiers used in a Subdivision Plat?

A

Lot and Block Number
Name or # of subdivision plat
Name of country and state

19
Q

How is a plat of survey done?

A

A licensed surveyor determines a legal description by preparing a survey and survey sketch

20
Q

What is the purpose of a spot survey?

A

To show the location, size and shape of buildings on the lot

21
Q

Why are elevations measured?

A

To determine air rights and condo’s

22
Q

Define Air Lots

A

Airspace within specified boundaries over land

23
Q

Define a Datum

A

Point, line, or surface from which elevations are measured

24
Q

Define a Benchmark

A

Permanent reference points that have been established throughout the US

Illinois Real Estate (24 decks)

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