Chapter 23: Land Description

Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!

2. Where must you find the most complete legal description? (a) listing agreement (b) closing statement (c) deed (d) lease

(c) deed

6. Legal descriptions in NJ include: (a) metes and bounds description (b) monuments (c) tax map identification (d) all of the above

(d) all of the above

1 acre (square feet)

43,560 square feet

1 mile

5280 feet

43,560

How many square feet are there in an acre?

4. In connection with a metes and bounds description, official markers on the property used to determine elevations are called: (a) monuments (b) benchmarks (c) attachments (d) meters

(b) benchmarks

3. In order for a buyer to be certain that the property being purchased has no encroachments, the buyer should obtain: (a) purchaser's policy of title insurance (b) survey (c) certificate of no defense (d) warranty deed

(b) survey

11. Which of the following legal descriptions is NOT used in NJ (a) street address (b) monuments (c) government survey system (d) tax ID

(c) government survey system

1. NJ's system of land descriptions includes, but is not limited to: (a) rectangular survey (b) government survey (c) metes and bounds (d) geodetic survey

(c) metes and bounds

5. The boundary lines of land, with their terminal points and angles, are called: (a) benchmarks (b) geodetic survey points (c) metes and bounds (d) longitude and latitude

(c) metes and bounds. Metes refers to measures; bounds to boundaries

10. The process by which a piece of land is measured and its area ascertained, and the paper containing a statement of the course, distance, and quantity of land, is called (a) title search (b) title insurance (c) survey (d) abstract

(c) survey

14. What type of land description is being used in a deed that reads "All that tract of land beginning at the SE corner of Cortlandt St. and William St .and proceeding S 0 degrees for 150 ft, then East 0 degrees for 150 ft, then N 0 degrees for 150 ft, then W 0 degrees for 80 ft to the POB? (a) monuments (b) boundaries (c) tax map ID (d) metes and bounds

(d) metes and bounds

9. Which of the following systems of land descriptions gives a starting point and the direction and the length of lines to be run? (a) monuments (b) recorded plats (c) courses and distances (d) metes and bounds

(d) metes and bounds

8. Which of the following can be natural to the environment (a) benchmarks (b) metes of survey (c) old liens (d) monuments

(d) monuments

12. Which of the following terms would NOT be found in a metes and bounds description: (a) Point of beginning (b) minutes (c) seconds (d) quadrangle

(d) quadrangle = 24 sq mile area used in connection with govrnment survey system

7. The person most apt to use a benchmark in his profession would be a (a) lawyer (b) carpenter (c) general contractor (d) surveyor

(d) surveyors use benchamarks to measure elevations

3. Lot and Block Number on a Recorded Map

- Each block plotted onthe plan is identified with a # or letter. Each lot within block is numbered. Name or number of the subdivision plot and name of county/state will be used

Point of beginning or POB

- a legal descriptions usually begins, and finally ends, at a definite designated place called - metes and bounds descriptions start at a designated point called POB and proceed around the boundaries of the parcel by reference to linear measurements, directions, and courses, ending at the POB

Metes

- bearings (direction and angle) and distance of the course - refers to the units of linear measure used to determine distances

6. Tax Identification

- each municipality has a book of tax maps prepared by land surveyor - presents key map showing entire communtiy, boundaries, street names, patterns and road network

Monuments

- fixed natural or artificial object used to establish real estate boundaries (boundaries or corners of properties) for a metes-and-bounds descriptions - can be either natural (river/tree) or man-made (fence or commonly an iron pipe driven into ground)

Tax maps

- map showing location of a parcel of real property located within the boundaries of the jurisdiction - accompanied by other relevant info such as lot sizes and dimensions, and lot identification

5. Street Address

- most unreliable of descriptions - should never be used in a deed/mortgage

2. Bounds Description

- used to describe proeprty and easements solely by reference to the adjoining ownders. (mostly telephone/utility service easements)

640 acres

1 square mile

Land descriptions in NJ are developed 1+ of 6 different ways:

1. metes and bounds 2. boundary system 3. lot and block number 4. monuments 5. street address 6. tax identification

Legal Description

Every parcel of land for sale/lease must be properly identified or described. based on land survey of property consistingof boundary, measurements, etc. Must be performed by licensed Professional Land Surveyor (PLS)

Location

One of the things that sets land apart from other types of real estate is its uniqueness of place.

What is this an example of: Shown and designated as Lot 125 on Map entitles, "Map of Section 5, Tall Timbers Subdivision, BOrough of North Caldwell, Essex County, New Jersey, property of Ruffalo Brothers' dated June 1955 made by Miller and McGiffert, Inc. Engineers, filed in the Registrar's Office of Essex County, NJ Nov 9, 1955 in Case No.2145"

This is an example of the Lot and Block Number on a Recorded Map

plat map

a map of a town, section, or subdivision indicating the location and boundaries of individual properties

lot and block (recorded plat method)

a method of describing real property that identifies a parcel of land by reference to lot and block numbers within a subdivision, as specified on a recorded subdivision plat.

metes- and- bound method

a method used to describe a parcel of land that begins at a well marked point and follows the property's boundaries, using directions and distances around the tract, back to the place of begining

point of beginning (POB)

in a metes and bounds legal description, the starting point of the survey, situated in one corner of the parcel; all metes and bounds descriptions must follow the boundaries of the parcel back to the point of begining

Survey

the process by which parcel of land is measured to identify the exact boundaries of the property and determine if all structures are completely within those boundaries.

LOT, BLOCK AND TRACT

•Also known as the Subdivision Method •Names lot number, block or square and name of subdivision

METES & BOUNDS USES

•Fixed Reference Points (Monuments) •Compass Directions •Linear Measurements •Point of Beginning


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