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6 Cards in this Set
- Front
- Back
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Physical |
1. Immobile 2. Indestructible 3. Unique or non-homogeneous |
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Economic |
1. Scarcity 2. Improvements 3. Permanence of investment 4. Area Preference, or situs |
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Metes and Bounds |
Locating the boundary of the property; need two permanent reference markers (PRM). Find specific point of beginning (POB) and measure around PRM's and back to POB. |
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Rectangular (Government) Survey |
Base Lines run East and West; Principal meridians run North and South. Designed to set of checkerboard pattern of squares over a specific area. |
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Rectangular (Government) Survey Cont... |
Parallel vertical lines six miles apart called Ranges; Parallel horizontal lines six miles apart called Tiers. This pattern form townships; a) Township = six miles square (36 miles). b) Township contains 36 sections; Each section is one square mile and contains 640 acres. c) 1 acre = 43,560 square ft. |
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Rectangular (Government Survey Continued 2 |
Subdivision plat - map containing numbered blocks and lots. Street Address - an informal reference. |
