ACC 296 Lecture Notes - Lecture 1: Plat, Intestacy, Mnemonic
receipt for real estate (Deed is NOT your title)
Title (legal)
ownership of real estate
Own real estate because of
"chain of title"
Metes and Bounds Survey
outlines the property in directions and distances from "monuments" (property line markers)
Begin and end at
"point of beginning"
Lot and Block Survey
divides the property into blocks with streets, then divides the blocks into lots, found on a plat plan
1 link
7.9339in
1 foot
12in
1 yard
3ft
1 rod
16ft 6in
1 chain
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
Receipt for real estate (deed is not your title) Metes and bounds survey outlines the property in directions and distances from monuments (property line markers) Lot and block survey divides the property into blocks with streets, then divides the blocks into lots, found on a plat plan. 43560sq ft (4 old ladies going 35 in a 60. Bargain and sale deeds used to sell property when the grantor has the right to sell the property on someone else"s behalf, but doesn"t actually own the property. Promises to take responsibility for any problems they caused. Promises to take responsibility for any title issues. Whoever is named on most recent ___________ owns the property. Wills way a deceased person disposes of their belongings. If you have a will you are testate. If you don"t have a will you are intestate. Executor carry out last wishes of person with a will.
