Realty & Personal Property

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Questions and Answers

Suppose you saw the following metes and bounds legal description: “Beginning at a point 200 feet east of the old oak tree; then 100 feet east along Highway 7; then 200 feet south; then 100 feet west; then 200 feet north back to the point of beginning, all located in Crawford County.” Which statements are TRUE? Select all correct responses.

  • The dimensions of this lot are 100 x 200 square feet. (correct)
  • The lot is on the south side of Highway 7. (correct)
  • The old oak tree is a monument (correct)
  • This is a rectangular lot. (correct)

Which type of description is inadequate for describing property in a deed?

  • House number and street (correct)
  • Lot number and page in the plat map
  • Metes and bounds
  • Rectangular survey description

How many sections are there in one township?

  • 18
  • 24
  • 36 (correct)
  • 64

Which of the following is NOT related to the government survey system?

<p>S 30 degrees W (C)</p> Signup and view all the answers

A section of land is equivalent to:

<p>one square mile. (A)</p> Signup and view all the answers

The legal description of which of the following would most likely involve a reference to airspace above a datum?

<p>Condominium (B)</p> Signup and view all the answers

A property described by lot and block number is part of a:

<p>recorded plat. (D)</p> Signup and view all the answers

A property description in an old deed states the following: “Starting at the northeast corner of pump house, then traveling east 90 feet, south 200 feet, west 90 feet, and north 180 feet.” What does this description tell us?

<p>It is invalid because it doesn’t return to the point of beginning. (A)</p> Signup and view all the answers

A township tier is a six-mile strip of land that runs:

<p>east and west parallel to a baseline. (A)</p> Signup and view all the answers

Each township consists of ________ square miles.

<p>36 (C)</p> Signup and view all the answers

A parcel is identified as the E 1/4 of Section 12. How many acres is this?

<p>160 (B)</p> Signup and view all the answers

To find the boundaries of a property located in a subdivision, look on a:

<p>Recorded plat (C)</p> Signup and view all the answers

A legal description may refer to a datum or a benchmark in order to indicate:

<p>the property’s elevation. (D)</p> Signup and view all the answers

Signup and view all the answers

Which of the following is NOT required for a valid metes and bounds land description?

<p>Datum (B)</p> Signup and view all the answers

Section 36 is found in what corner of a township?

<p>Southeast (C)</p> Signup and view all the answers

In the rectangular survey system, the word used to describe a row of townships running east to west at a given distance from the baseline would be:

<p>tier. (A)</p> Signup and view all the answers

Each township consists of ________ square mile(s).

<p>36 (C)</p> Signup and view all the answers

Who developed the rectangular survey system of legal description?

<p>Thomas Jefferson (D)</p> Signup and view all the answers

Which of these states does NOT use the rectangular survey system of legal description?

<p>Georgia (B)</p> Signup and view all the answers

How far from the principal meridian is Township 4 North, Range 2 East?

<p>6–12 miles (B)</p> Signup and view all the answers

The perimeter of a section is:

<p>4 Miles (C)</p> Signup and view all the answers

A township labeled T2S, R3W would be found:

<p>Two tiers south of a baseline and three ranges west of a principal meridian (C)</p> Signup and view all the answers

Section 2 in any township is directly south of what section in a township?

<p>Section 35 of the next township to the north (D)</p> Signup and view all the answers

Fractional sections of a township are on which boundaries

<p>North and west (A)</p> Signup and view all the answers

How many square miles are there in a section of land as defined by the rectangular survey system?

<p>1 (A)</p> Signup and view all the answers

To keep the range lines as nearly as possible six miles apart, a correction line is made as the line continues north. This correction is made every:

<p>24 miles (D)</p> Signup and view all the answers

Calculate the number of acres in the parcels described as the “N 1/2 of the NE 1/4 of Section 30 and the N 1/2 of the NW 1/4 of the NW 1/4 of Section 29.”

<p>100 (C)</p> Signup and view all the answers

A section of land sold for $1 million. What was the price per acre?

<p>$1,562.5 (C)</p> Signup and view all the answers

In the rectangular survey system, a township labeled T2S, R3W would be found:

<p>Two tiers south of a baseline and three ranges west of a principal meridian. (C)</p> Signup and view all the answers

Paula’s house sits on a quarter-acre rectangular lot. The back of her property is on a lake. The length of the property from the road to the lake is 151.25 feet. How much frontage on the water does Paula enjoy? Use T-Math to solve.

<p>72 feet (B)</p> Signup and view all the answers

A living room needs to be re-carpeted. It measures 18 feet long by 15 feet wide. How many square yards of carpet will be needed?

<p>30 (B)</p> Signup and view all the answers

A cornfield with a depth of 900 feet and a frontage of 484 feet is bisected by an access road, leaving two triangular lots. If the land sells for $2,000 per acre, how much is each lot worth?

<p>$10,000 (B)</p> Signup and view all the answers

Bob takes down the above-ground pool that has been in his backyard for years. It leaves a 24’ x 14’ patch of dead grass that he wants to replace with new sod. The sod is sold only in 24” x 48” rolls that cost $35 each. How much will it cost Bob to purchase enough sod to cover the bare patch?

<p>$1,470 (D)</p> Signup and view all the answers

A rectangular lot measures 215 feet by 154 feet. If comparable land sells for $40,000 per acre, how much is this lot likely to sell for?

<p>$30,000 (B)</p> Signup and view all the answers

Lois is looking for a commercial property of approximately 8,000 square feet that will give her the most access to the road possible. She’s looking at these four properties (frontage price indicated). She can’t spend more than $50,000. Which property is she most likely to buy?

<p>90’ x 90’ / $550 per front foot (C)</p> Signup and view all the answers

A square parcel measures 1/8 of a mile by 1/8 of a mile. How many acres is this property?

<p>10 (A)</p> Signup and view all the answers

Jim buys a triangular-shaped lot with 60 front feet. The lot is 100 yards deep. What is the square footage of Jim’s lot?

<p>9,000 square feet (C)</p> Signup and view all the answers

A square parcel of farmland measures 1,320 feet from north to south. In the center of the parcel is eight acres of swampland that is not tillable. If the property sells for $2,000 per acre of tillable land, what is the selling price?

<p>$64,000 (A)</p> Signup and view all the answers

Joe is looking at two rectangular lots that are adjacent. According to the plat map, Lot A has a square footage of 46,060, and Lot B has a square footage of 43,005. The common boundary they share is 235 feet long. What is the width of Lot B?

<p>183 feet (A)</p> Signup and view all the answers

Signup and view all the answers

An owner of a commercial property wants to expand her property by purchasing each of the lots on either side of her property. Her lot is 20,000 square feet, and is 100 feet in depth. Each adjoining lot is 2,000 square feet, and is also 100 feet in depth. If she purchases both adjacent lots, what will be the total frontage of the combined lot?

<p>240 feet (D)</p> Signup and view all the answers

Mark wants to enclose his entire backyard with a fence for his dogs. The backyard is 70’ x 50’. How many linear feet of fencing will he require?

<p>240 (A)</p> Signup and view all the answers

Commercial Lot A is 250’ x 400’, and commercial Lot B is 400’ x 250’. Commercial lots on this street are selling for $750 per front foot. Which lot will sell for more?

<p>Lot B (B)</p> Signup and view all the answers

A local nature preserve takes up 42 acres of land. How many square feet is that?

<p>1,829,520 square feet (D)</p> Signup and view all the answers

To which types of properties does the ANSI Z765 standard apply?

<p>Attached and detached single-family houses (B)</p> Signup and view all the answers

Generally speaking, what is the primary factor that determines the minimum size of a septic tank required under local building codes?

<p>The number of bedrooms (B)</p> Signup and view all the answers

Which is LEAST likely to be a possible consequence that could result from mislabeling a room as a bedroom?

<p>Lawsuit from the buyer (C)</p> Signup and view all the answers

Which is LEAST likely to be a requirement to include an enclosed sunroom in a home’s total room count?

<p>It must have no more than 50% of its walls as windows. (D)</p> Signup and view all the answers

Which of the following spaces within a house would NOT be counted as a room for the purpose of total room count?

<p>Bathroom (A)</p> Signup and view all the answers

What is NOT a requirement when defining a room for the purpose of total room count?

<p>A door that separates it from other spaces (C)</p> Signup and view all the answers

A homeowner uses the space above the garage for an office. Which is NOT a requirement for this room to be included in the finished square footage of a house when it is listed for sale?

<p>It must have an exit to the exterior. (C)</p> Signup and view all the answers

Generally speaking, the ceiling under a beam or duct can be no lower than __________ for that space to be considered as livable area.

<p>6'4&quot; (C)</p> Signup and view all the answers

A second-floor room in a 1 1/2-story house has a sloped ceiling and 300 square feet of finished area with a ceiling height of at least 5 feet. Of this area, 160 square feet has a ceiling height of 7 feet or greater. How much of this area can be counted as finished area, according to ANSI Z765?

<p>300 square feet (B)</p> Signup and view all the answers

To complete the property data sheet for a new condominium listing, one of first things listing agent Suzanne does is measure the home. Which statement is FALSE?

<p>The finished, walk-out basement is considered above grade since it has a door (D)</p> Signup and view all the answers

Which of these areas would MOST likely be included in the finished square footage of a dwelling?

<p>An interior stairway to the basement (C)</p> Signup and view all the answers

A one-story cabin has a triangular breakfast nook that is 8’ wide and 12’ at its point. The rest of the house is a 24’ x 32’ rectangle. What is the square footage of this house?

<p>816 square feet (C)</p> Signup and view all the answers

The sketch of a one-story L-shaped house can be broken down into two rectangles, one that is 42’ x 28’ and the other that is 22’ x 24’. The property also has a detached two-car garage that is 20’ x 23’. What is the square footage of this dwelling?

<p>1,704 square feet (C)</p> Signup and view all the answers

You calculate the square footage of a house at 2,346.85. If you are using ANSI Z765, what is the appropriate way to round this square footage figure?

<p>2,347 square feet (D)</p> Signup and view all the answers

A rectangular ranch house is measured at 40’ x 51’, which includes the 20’ x 11’ attached garage. What is the square footage of this dwelling?

<p>1,820 square feet (A)</p> Signup and view all the answers

Flashcards

Capital of France (example flashcard)

Paris

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