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부동산

Real Estate Law 1

2019.05.03 20:56 Views : 163

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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289 Chapter 2 Quiz 2019.04.12 213
288 Real Estate Practice -6 (Understanding-Answers) 2019.04.12 57
287 Real Estate Practice - 7 (Understanding-Answers) 2019.04.12 65
286 Real Estate Practice - 8 (Understanding-Answers) 2019.04.13 51
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284 Real Estate Practice - 9 (Understanding-Answers) 2019.04.13 45
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282 Real Estate Practice - 10 (Understanding-Answers) 2019.04.13 41
281 Chapter 4 Quiz 2019.04.13 117
280 Real Estate Practice - 11 (Understanding-Answers) 2019.04.13 42
279 Real Estate Practice - 12 (Understanding-Answers) 2019.04.13 43
278 Chapter 5 Conclusion 2019.04.13 40
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273 Chapter 6 Quiz 2019.04.13 541
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271 Real Estate Practice - 16 (Understanding-Answers) 2019.04.14 55
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267 Preparing Your Website 2019.04.14 40
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264 Chapter 8 Quiz 2019.04.14 718
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262 Real Estate Practice - 20 (Understanding-Answers) 2019.04.15 78