The parcel is cut in half diagonally by a stream. What should this strip cost if it is sold for the same price per sq ft originally paid?Ī parcel of land is 400 feet by 640 feet. An adjoining owner wants to purchase a strip of this land measuring 150 ft x100 ft. Base lines, meridians, and townships are elements of the rectangular survey system, not the metes-and-bounds system.Ī buyer purchases 4.5 acres for $78,400. Which of the following are NOT basic components of a metes-and-bounds description?īase lines, principal meridians, and townshipsīase lines, principal meridians, and townships. 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?Ĥ09,600 sq ft ÷ 5,000 square feet = 81.92.Įach lot must be "not less than 50 feet × 100 feet," the property can be subdivided into 81 lots Section 16 is one of the centrally located sections in the standard township and is designated as the school section.Ī property contains 10 acres. In any township, what is the number of the section designated as the school section? This description makes no reference to a principal meridian. A prop description based on the rectangular survey system always has the principal meridian and the base line of the survey system area in which the property lies. Description gives distance in compass direction from point of beginning (POB), then from each monument, until returns to POBĪs a legal description, "the northwest ¼ of the southwest ¼ of Section 6, Township 4 North, Range 7 West" is defective because it contains no reference to Stream = boundary Metes is distance bounds is direction. Metes and bounds Monuments = turning pts, natural features, = monuments. In describing real estate, the method that may use a property's physical features to determine boundaries and measurements is A street address is not a legal description and, therefore, not as precise. Street address A legal description is a precise method of identifying a parcel of land & includes metes-and-bounds, rect survey, & lot-and-block as methods. The LEAST specific method for identifying real property is
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