Real Estate Law 1

admin 2019.05.03 20:56 Views : 317

Check Your Understanding - Answers

  1. Define a parcel.

    A portion of land delineated by boundaries
     
  2. What is the definition of a legal description?

    A description which accurately locates and identifies the boundaries of the subject parcel to a degree acceptable by courts of law in the state where the property is located.
     
  3. What situations require a legal description?

    A legal description is required for:
    • Public recording
    • Creating a valid deed of conveyance or lease
    • Completing mortgage documents
    • Executing and recording other legal documents
  1. When did the Public Land Survey System begin?

    Shortly after the American Revolution, when the federal government became responsible for large areas of land west of the original thirteen states.
  2.  
No. Subject Author Date Views
203 Real Estate Law 5 admin 2019.05.04 265
202 Real Estate Law 4 admin 2019.05.04 447
201 Real Estate Law 3 admin 2019.05.04 354
200 Real Estate Law 2 admin 2019.05.04 25496
» Real Estate Law 1 admin 2019.05.03 317
198 Quiz Law 1 admin 2019.05.03 11499
197 Law 6 admin 2019.05.03 269
196 Law 5 admin 2019.05.03 217
195 Law 4 admin 2019.05.03 251
194 Law 3 admin 2019.05.03 253
193 Law 2 admin 2019.05.03 371
192 Law 1 admin 2019.05.02 285
191 Review Quiz - BOOK 2 [1] admin 2019.04.29 17125
190 Chapter 18 Conclusion admin 2019.04.29 4397
189 Real Estate Practice - 39 (Understanding-Answers) admin 2019.04.29 396
188 Real Estate Practice - 38 (Understanding-Answers) admin 2019.04.29 261
187 Chapter 17 Quiz admin 2019.04.29 655
186 Chapter Conclusion Chapter 17 admin 2019.04.29 378
185 Real Estate Practice - 37 (Understanding-Answers) admin 2019.04.29 220
184 Real Estate Practice - 36 (Understanding-Answers) admin 2019.04.29 241