Real Estate Exam - Chapter 9: Legal Descriptions

Real Estate Exam - Chapter 9: Legal Descriptions

5 cards   |   Total Attempts: 188
  

Cards In This Set

Front Back
Three Basic Methods to describe Real Estate
1) Metes and Bounds
2) Rectangular (government) survey
3) Lot and Block (recorded plat)
1) Metes and Bounds
- Oldest
- Uses physical markers (tress / boulders) - called Monuments
- Starts (and ends) at POB (point of beginning)
- Often include 'more or less'
2) Rectangular (Government) Survey
- Grid formation
- uses Principle Meridians (N and S)
--> further division by Range Lines
- and Base Lines (E and W)
--> further division by Township Lines
- Square 16 = 'School section'
3) Lots and Blocks System (recorded plat)
- Uses lot and block numbers referred to in a 'plat map'
- Describes property in subdivisions, used by developers
Datum is:
Benchmark is:
Point or line from which elevations are measured
Brass markers / permanent reference points