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Real Estate Law 1

admin 2019.05.03 20:56 Views : 282

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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No. Subject Author Date Views
200 Real Estate Law 3 admin 2019.05.04 299
199 Real Estate Law 2 admin 2019.05.04 4985
» Real Estate Law 1 admin 2019.05.03 282
197 Quiz Law 1 admin 2019.05.03 7079
196 Law 6 admin 2019.05.03 241
195 Law 5 admin 2019.05.03 204
194 Law 4 admin 2019.05.03 240
193 Law 3 admin 2019.05.03 257
192 Law 2 admin 2019.05.03 302
191 Law 1 admin 2019.05.02 249
190 Review Quiz - BOOK 2 admin 2019.04.29 8389
189 Chapter 18 Conclusion admin 2019.04.29 1561
188 Real Estate Practice - 39 (Understanding-Answers) admin 2019.04.29 306
187 Real Estate Practice - 38 (Understanding-Answers) admin 2019.04.29 241
186 Chapter 17 Quiz admin 2019.04.29 382
185 Chapter Conclusion Chapter 17 admin 2019.04.29 343
184 Real Estate Practice - 37 (Understanding-Answers) admin 2019.04.29 210
183 Real Estate Practice - 36 (Understanding-Answers) admin 2019.04.29 250
182 Chapter 16 Quiz admin 2019.04.29 1280
181 Chapter Conclusion Chapter 16 admin 2019.04.29 367
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