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When you look at your house and yard, you're fairly confident you know your property lines. Now imagine being so wrong about your property lines that your house is built on the completely wrong ...
A property legally described by a metes and bounds description may still be assigned a Tax Identification Number based on a separate Lot and Block system. In this case, a survey of all parcels in the county or municipality would be combined to create a separate Block and Lot system to identify the properties for taxation purposes.
Key takeaways. A property survey legally defines the boundaries of a plot of land. Mortgage lenders and/or title companies may require one when you're buying a house. You may also need one when ...
The Public Land Survey System (PLSS) is the surveying method developed and used in the United States to plat, or divide, real property for sale and settling. Also known as the Rectangular Survey System, it was created by the Land Ordinance of 1785 to survey land ceded to the United States by the Treaty of Paris in 1783, following the end of the ...
Boundary (real estate) A property marker outside the United Nations building in New York City. A unit of real estate or immovable property is limited by a legal boundary (sometimes also referred to as a property line, lot line or bounds). The boundary (in Latin: limes) may appear as a discontinuation in the terrain: a ditch, a bank, a hedge, a ...
From permits to purchases, being able to identify your property lines accurately makes it much easier to complete a project or move forward with a transaction.
The existence of section lines made property descriptions far more straightforward than the old metes and bounds system. The establishment of standard east-west and north-south lines ("township" and "range lines") meant that deeds could be written without regard to temporary terrain features such as trees, piles of rocks, fences, and the like, and be worded in the style such as "Lying and ...
An easement is a right of access that has been agreed-upon by the property owner, in writing, or mandated by a government decision. Perhaps the first owner of your house granted your neighbor ...
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