Unit 5: Land Description

A parcel of land is two acres. It sells for $1.18 per square foot. What is the total selling price for the parcel?

$102,801.60 ((43,560 x 2) x $1.18)

A buyer is willing to pay $1,200 per acre for the SE 1/4 of the SE 1/4 of the SE 1/4 of Section 11. How much will the buyer pay for the land?

$12,000

If a farm described as "the NW 1/4 of the SE 1/4 of Section 10, Township 2 North, Range 3 West of the 6th. P.M." sold for $4,500 an acre, what was the total sales price?

$180,000 ($4,500 x 40 acres)

A piece of land is for sale for $2.25 per square foot. The land is three acres. What was the total selling price for the land?

$294,030 ((43,560 x 3) 2.25))

A 640-acre farm is being sold for $6,500 per acre. What is the purchase price?

$4,160,000 (640 x $6,500)

A buyer purchased a half-acre parcel for $2.15 per square foot. What was the selling price of the parcel?

$46,827 (((43,560/2)=21780)*2.15)

A buyer purchases 4.5 acres of land for $78,400. An adjoining owner wants to purchase a strip of this land measuring 150 feet by 100 feet. What should this strip cost the adjoining owner if it is sold for the same price per square foot originally paid?

$6,000 (($78,400 / 196,020 sq.ft. = .40) sell 15,000 sq.ft at $.40 sqft))

A chain is 66 feet long or four rods; a rod is

16.5 feet

A farm that is a quarter-section is

160 acres

A parcel of land is 400 feet by 640 feet. The parcel is cut in half diagonally by a stream. How many acres are in each half of the parcel?

2.94 (((400 x 640 = 256,000) / 2) = 128,000))/ 43,560)))

How many acres are contained in a parcel described as follows: The NE 1/4 of the NW 1/4, and the S 1/2 of the NW 1/4, and the NE 1/4, of Section 10?

280 acres

What is the number of the sections in any township?

36

In the rectangular survey system, a township is divided into

36 sections with 640 acres per section

How big is an acre?

43,560 sq. ft.

The N 1/2 of the SW 1/4 of a section contains how many acres?

80

A property contains 10 acres. How many lots of not less than 50 feet by 100 feet can be subdivided from the property if 26,000 square feet were dedicated for roads?

81 (((435,600 sqft. - 26,000)/5000) = 81.92)

A legal description must contain a reference to which of the following? a.) sales price b.) a record of a survey and the principal meridian c.) the principal meridian and the base line of the survey system area in which the property lies d.) lot numbers and sections

A record of survey and the principal meridian

One of many points that have been established throughout the United States, usually embossed brass markers set into solid concrete or asphalt bases

Benchmark

Surveyors rely most heavily on these to mark their work accurately

Benchmark

A point, line, or surface from which elevations are measured or indicated

Datum

Reference in condominium plat maps showing the elevations of floor and ceiling surfaces and vertical boundaries of each unit

Datum

Traditionally used to mark surface measurements between points, but may not be accurate

Monument

Which township section number is directly north of Section 7?

Section 6

Benchmarks are permanent reference points that have been established throughout the United States

True

In determining the height of a structure or establishing the grade of a street, a surveyor uses

a datum

Real estate is bought and sold on the basis of

a legal description

In a legal description, the terms lot and block relate to

a recorded subdivision map

A legal description is a detailed way of describing a parcel of land and is based on information collected through

a survey

Which of these MOST accurately describes the dimensions of a quarter-section? a.) 1/2 mile by 1/2 mile b.) 1/4 mile by 1/4 mile c.) 1/8 mile by 1/8 mile d.) 1/2 mile by 1 mile

a.) 1/2 mile by 1/2 mile

The air above a property owner's land may be subdivided into

air lots

Rights to the property above the earth's surface are called

air rights

A survey that provides only the location of the structures and improvements as related to property boundaries is

an Improvement Location Certificate (ILC)

What is the shortest distance between Section 1 and Section 36 in the same township? a.) Three miles b.) Four miles c.) Six miles d.) Five miles

b.) Four Miles (The shortest distance from Section 1 to Section 36 is from the bottom of Section 1 to the top of Section 36, or four miles)

Which of the following are NOT basic components of a metes-and-bounds description? a.) points of beginning b.) base lines, principal meridians, and townships c.) degrees, minutes, and seconds d.) tangible and intangible monument

b.) base lines, principal meridians, and townships

The LEAST specific method of identifying real property is a.) lot and block b.) street address c.) rectangular survey d.) metes and bounds

b.) street address

Cities with local datums also have designated official local

benchmarks

Some traditional terms of measurement NOT often used today include rods, cubic yards, and

chains

The basic units of the rectangular survey system are a.) the base lines b.) the principal meridians c.) the ranges d.) the townships

d.) the townships

In the rectangular survey system, a section is further divided into

halves and quarters

What are the turning points in the metes-and-bounds method of property description?

monuments

The location and dimensions of a parcel is identified on the survey___

sketch

When a survey also shows the location, size, and shape of building on the lot, it is called a

spot survey

The legal description of a property is based on information collected through a process called a

survey

To integrate information found in publicly available land records, the Federal Geographic Data Committee has created

the Cadastral Data Content Standard

A method of property description using monuments, distances, and compass directions is

the metes-and-bounds method

The oldest method of land description in the United States is

the metes-and-bounds method

A metes-and-bounds description starts at a designated place on the parcel called

the point of beginning

Subsurface rights can be legally described just as air rights, but with what difference?

they are measured below the datum rather than above it