It is the smallest unit of property that can be sold or transferred separately from other lots in the same subdivision. The lot number should be included in the description if you have one. Types of Legal Description: 1) Lots and Block: It is a legal requirement for all residential and commercial properties. The legal description is a property’s location. Photo Credit: Canva What are the Types of Legal Descriptions? The direction in which one line runs from another point – A point at which one line ends, and another begins.A point at which one line ends and another begins.It is usually accompanied by a map or plat (a representation in two dimensions) that shows the location, size, shape, and boundaries.Ī legal description typically includes the following: The legal description of a property is a detailed record of the boundaries and dimensions of a parcel of land. To see how well you know the information, try the Quiz or Test activity.What do you mean by Legal Description of Property? When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug.Īlthough it may feel like you're playing a game, your brain is still making more connections with the information to help you out. If you are logged in to your account, this website will remember which cards you know and don't know so that theyĪre in the same box the next time you log in. LEFT ARROW - move card to the Don't know pile.You can also use your keyboard to move the cards as follows: If you've accidentally put the card in the wrong box, just click on the card to take it out of the box. When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again. If you knew the answer, click the green Know box. Look at the large card and try to recall what is on the other side. Use these flashcards to help memorize information. So long as they enable a surveyor to precisely locate the parcel of real estate, a street address is sufficient for use in a listing contract or short-term rental agreements. What is an example of an informal reference and when can it be used as a legal description? The prime meridian and ranges run which direction? The base line and township tiers run which direction? Up-to-date survey of the collateral property What might an underwriter require to make certain no encroachments or title defects will make title unmarketable? Physical (mortgage location or identification) survey What type of survey includes in addition to the legal description and sketch, the location, size, and shape of buildings located on the lot? Lot and block, metes-and-bounds, reference to publicly recorded document What 3 methods of land description are used in NC? The signed, approved subdivision plat must be recorded in the county where the land is located. What is required for a plot map to be legally accepted for a property description? How many acres in 1/4 of 1/4 of 1/4 of a 640 acre section? What do comma and simicolon mean in the governmental survey system? On which side of the township are the 1st and 36th sections located? Which imaginary lines run parallel to the prime meridian? Which imaginary lines run parallel to the base line? How many mile square sections is a township subdivided? Name or number of the principal meridian for that area, township tier and range strip in which the township is located What information is included in a township description? They are 6圆 miles sqare formed by the intersecting of consecutive range and tier lines, and cover an area of 36 square miles. What are township squares, how are they formed and how much area do they cover? How many principal meridians are in the US and which direction do they run? The primary method of describing property in the original 13 colonies and considered best for describing properties in real estate contracts and deeds in NC.Įach boundry line in a metes-and-bounds system described by cource and direction Metes and bounds, rectangular, lot and block
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