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부동산

Real Estate Law 1

2019.05.03 20:56 Views : 173

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.
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230 Chapter 16 Quiz 2019.04.29 1156
229 Real Estate Practice - 36 (Understanding-Answers) 2019.04.29 128
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227 Chapter Conclusion Chapter 17 2019.04.29 248
226 Chapter 17 Quiz 2019.04.29 272
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223 Chapter 18 Conclusion 2019.04.29 1019
222 Review Quiz - BOOK 2 2019.04.29 4757
221 Law 1 2019.05.02 151
220 Law 2 2019.05.03 218
219 Law 3 2019.05.03 143
218 Law 4 2019.05.03 133
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208 Chapter 2 Review 2019.05.04 145
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