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27 Cards in this Set
- Front
- Back
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1) Metes and bounds |
4 methods to describing real estate for legal description
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Metes-and-bounds
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Starts at point of beginning and uses references to linear measurements and compass directions called CALLS; should always end at point of beginning |
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POB (Point of Beginning) |
Starting point of metes and bounds |
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Calls (metes and bounds)
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Linear measurements of distance and compass directions in metes and bounds system of property description |
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Monuments (metes and bounds)
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Fixed objects used to establish real estate boundaries (natural objects as well as streets, highways, and markers placed by surveyors) |
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Reference to recorded deed
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Recorded legal description of the property (use only as "additional" info but not as sole legal description)
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Surveys (topographic)
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Legal descriptions of land (topographic has elevations)
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NO. Addresses are INFORMAL descriptions of property. Only good for short-term leases
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Address (valid legal description?)
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Legal Description |
An exact way of describing real estate in a contract, a deed, a mortgage, or another document that will be accepted by a court of law. |
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Rectangular Survey System (aka Government Survey System) |
Established in 1785 to standardize the description of land acquired by the newly formed federal government. System of dividing land based on two sets of intersecting lines |
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37 |
Number of Principal Meridians in the US |
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Principal Meridians
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Major dividing lines which run north and south used in the Rectangular (Government) Survey System
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Base Lines
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Major dividing lines which run east and west used in the Rectangular (Government) Survey System
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Range Lines |
Dividing lines which run North and South, parallel to the Meridians and are 6 miles apart |
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Township Lines |
Dividing lines which run east and west, parallel to the base line, and are 6 miles apart |
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Township Tiers |
Strips of land formed by township lines |
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Range Strip |
Strips of land formed by range lines |
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Township |
6 Miles square and contain 36 square miles; |
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36 square miles in the Rectangular (Government) Survey system |
Township |
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One square mile or 640 acres in the Rectangular (Government) Survey System |
Section |
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Section |
Township squares in the Rectangular Survey System are subdivided into 36 of these, each containing one square mile or 640 acres |
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Multiply all the denominators and divide that number into 640 acres
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To calculate acres in a survey system description...
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Reference to a recorded plat
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A system that uses lot and block numbers placed in the registry of deeds of the county where the land is located; commonly used as acceptable legal description
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Plat map
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The first step in subdividing land is the preparation of this...
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Survey
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Something that should always be recommended to a buyer even if purchasing in a subdivision, even if markers appear on the property, and even if lender is not requiring it
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43,560
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Number of square feet per acre
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Informal reference
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This type of reference, such as a street address or tax ID pin, is not adequate to convey property but is acceptable in a lease
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