What is the principal purpose underlying legal descriptions of real property?
to create a consistent unchanging standard for locating property
. What is a distinctive feature of the metes and bounds system? they identify an enclosed area, beginning and ending at the same point.
What is the purpose of a legal description?
A legal description is the
geographical description of real estate that identifies its precise location, boundaries and any easements for the purpose of a legal transaction, such as a transfer of ownership
. A legal description is kept with the deed and filed with the county clerk or county tax assessor.
What is the essential purpose of legal descriptions of real property?
The
legal description
of
property
is short, to the
point
, and one of the most
important
pieces of documentation that exists in
real estate
record keeping. Its
purpose
is to provide evidence of exactly the location and boundaries of a parcel of
property
.
Which of the following is a distinctive feature of metes and bounds descriptions?
Which of the following is a distinctive feature of metes and bounds descriptions?
They identify an enclosed area, beginning and ending at the same point.
What is the purpose of a principal meridian and base parallel?
What is the purpose of a principal meridian and base parallel?
Identifying townships in the jurisdiction
.
What are the three most common types of legal descriptions?
There are three common methods used to describe real estate:
metes and bounds, government survey, and lot and block
.
What is the most common form of property description?
Fractional Designation
: The most common form seen. A fractional designation uses rectangular surveying to correctly describe the land in sections. Metes and Bounds: This form of description uses references, such as streets and rivers to identify each point of the property (north, south, east, and west).
What is a Homes legal description?
Definition of Legal Description
A legal description of property is
a written statement that describes where a particular plot of land is located
. This statement, which is also known as the land description or land boundary description, is a legal requirement and must be included on the deed to the property.
What are the types of legal descriptions?
There are two primary types of legal descriptions:
Lot and block descriptions
, which are most often associated with subdivisions; and metes and bounds descriptions, which are used for non-subdivision property. Some legal descriptions contain both lot and block and metes and bounds descriptions.
How do I write a legal land description?
The legal description of land follows a set sequence of quarter section, township, range, and meridian: the designation
NW 27-9-25 W2
, for instance, means the Northwest Quarter of Section 27 in Township 9 Range 25 West of the Second Meridian.
What are the two types of residential surveys?
- Boundary Survey. While conducting a boundary survey, a land surveying company will establish the boundaries of a particular property. …
- Mortgage Survey. …
- Topographical Survey.
What are the fundamental components of the metes and bounds system?
- The beginning point of the property description (commonly known as the “Point of Beginning”)
- The bearing and distances that describe the perimeter of the property, together with reference to any natural features along the boundaries.
What is an accepted method of legal description?
The three accepted methods of legally describing parcels of real estate are: >
metes and bounds
. > rectangular survey system, or government survey method.
What is a principal meridian example?
A principal meridian is
one which is used as a reference line to survey a large area
. In Illinois, for example, the third principal meridian — which roughly cuts it in two — is located about 9 miles west of the 89th geographic meridian.
Where is the principal meridian?
Meridian, First or Principal
The Principal Meridian, sometimes referred to as the Winnipeg Meridian, ran
northward from a point on the 49th parallel 10 miles (16 km) west of Pembina
, where astronomical observations had been made to determine the exact position of the parallel in that location.
How far apart are principal meridians?
The regions are divided first into tracts
approximately 24 miles square
. The division is done by placing monuments along the principal meridian at intervals of 24 miles from the initial point. Standard parallels (also called correction lines) are run east and west from the principal meridian.
