Legal Descriptions Flashcards Preview

Real estate > Legal Descriptions > Flashcards

Flashcards in Legal Descriptions Deck (342)
Loading flashcards...
1

Define Survey

A legally valid drawing of the dimensions of a piece of real estate, including its boundaries and the location of improvements

2

Metes and Bounds

legal land description method identifying a piece of real estate’s exact dimensions and location in reference to a fixed and permanent monument

3

Define Point of Beginning

The definite starting point for a metes and bounds description

4

Define Monument

An object used to mark the boundaries of a piece of real estate

5

Define Rectangular Survey System

method to describe land by using principal meridians and base lines; also known as the government survey system

6

Define Lot and Block

A way to describe a piece of land by referring to the lot and block numbers in a subdivision that were assigned by the developer

7

Street numbers and place names are

Informal references

8

A street address is not

an adequate legal description.

9

In order for a document to be recorded for a real estate transaction, it has to contain a specific legal description, called a

valid legal description.

10

methods of surveying:

Metes and bounds

Rectangular survey system

Recorded plats (lot and block)

11

Metes and bounds are also considered the most accurate method of identifying a piece of land, which is probably why they're the

most common method used for land description in Texas today.

12

Metes and bounds are a written legal land description identifying

a piece of real estate’s exact dimensions and location in reference to a fixed and permanent monument.

13

Metes refers to

the distance measurements used in the description.

14

Bounds are the descriptions

of the boundaries that enclose a parcel of real estate.

15

monuments were used as

corner markers for metes and bounds.

16

Monuments are typically a

metal pin or piece of rebar driven into the ground at each point of the description.

17

When a system of metes and bounds is used, the description of the property is made up of several

points described in relation to each other.

18

After point of beginning, the next point is described as

“X (number) of feet from the point of beginning.”

19

(Meters and bounds) This path of points usually moves in a

clockwise direction from the monument around a parcel of land, describing size/distance in feet and direction in degrees, minutes, and seconds.

20

rectangular survey system uses a more refined version of

longitude and latitude system of mapping with a surveyed grid of meridians, baselines, townships, and ranges to describe a piece of land.

21

lot and block system, also known as

recorded plats.

22

Lot and block uses metes and bounds to first

locate the borders of each parcel, or a sectioned off portion of real estate.

23

The Lot and Block (Recorded Plat) System has a handful of terms that could get confusing. Here's a quick definition of each:

Plat - A drawing of a development used in the lot and block method
Parcel - Individual lots combined to make a block
Lot - Individual parcel of land measured and defined by the metes and bounds system
Block - A collection of lots (parcels)
Tract - The totality of the property represented on a plat

24

Define Plat

A drawing of a development used in the lot and block method

25

Define parcel

Individual lots combined to make a block

26

Define lot

Individual parcel of land measured and defined by the metes and bounds system

27

Define block

A collection of lots (parcels)

28

Define tract

The totality of the property represented on a plat

29

1 township =

36 sections

30

1 section =

640 acres (a square mile)