Legal description (overview) Flashcards
(4 cards)
1
Q
What is the purpose of a legal description?
A
To describe a parcel in sufficient detail that it will be accepted by the courts
2
Q
What is a legal description based on?
A
a survey
3
Q
It is a licensee’s role and responsibility to ensure legal descriptions are ____ in sales contracts
A
entered correctly
4
Q
What can happen to a licensee if a legal description is not entered correctly? (List 2 consequences)
A
- risk losing a commission
- can be held liable for damages
