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CE SHOP UNIT EXAM 3 Describing Real Estate Questions and Answers $7.99   Add to cart

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CE SHOP UNIT EXAM 3 Describing Real Estate Questions and Answers

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CE SHOP UNIT EXAM 3 Describing Real Estate

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  • August 19, 2024
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  • 2024/2025
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millyphilip
CE SHOP UNIT EXAM 3: Describing Real
Estate

The Simpsons are buying a five-acre tract that has always been part of a larger parcel.
When the owners of the large acreage decided to subdivide it, they needed to have a
legal description created for the five-acre lot. What was used as the starting point for
creating that legal description? - Answer -A survey

Morty, a land surveyor, was called out to survey a property. After doing some research,
he located the legal description for the property in question. Now, if he could just find
the point of beginning located at the iron pin on the southerly line of state route 117, 30
feet east of the oak tree next to Bear Creek. What type of legal description is Morty
working with? - Answer -Metes and Bounds

Which of the following is a key consideration and starting reference for a metes and
bounds description? - Answer -Point of beginning

If the land is described as "Lot 6 of Block 3 of the East Subdivision plat as recorded in
Map Book 18, Page 11 at the Recorder of Deeds," what type of legal description is
being used? - Answer -Lot & Block

Shannon is reading through paperwork related to her upcoming home purchase, and
she comes across the following: "Southwest quarter of Southwest quarter (SW ¼ of SW
¼) and West Half of Southeast quarter of Southwest quarter (W½ SE¼ SW¼) of
Section Eleven (11), Township Four (4) North of Range Eight (8) West." What did
Shannon just find? - Answer -Legal Description

Datums and benchmarks are used for ______. - Answer -Measuring elevations

What's the point from which elevation is measured? - Answer -Datum

Buyers Tony and Sylvia know the postal address of the property they're purchasing but
are wondering about the legal description of the property. Where is the most likely place
to find the legal description? - Answer -Deed

Which type of legal description do courts prefer? - Answer -Lot and Block

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