vastlease.blogg.se - Metes and bounds description real estate

So, let's go back to Concession Lot 7 and imagine a piece of paper: Around the edge will be a road 66 feet wide, before you get to the next Lot.Įver wonder how far away the main streets are in the City of Toronto: Yonge, Spadina, Bathurst, Dufferin, Keele, and Jane? One and one quarter miles! Inside, you will find that it is exactly 200 acres. The northeast corner will be the upper right corner of this entire Concession Lot.Īlso, a Concession Lot is one and one quarter miles wide by one and one quarter miles long. The other side of the street is Concession Lot 8 and it's 66 feet away. Here we are talking about a description of a piece of property in Concession lot 7. So, what do they call the foul pole in real life? Probably, the northeast corner of Concession lot 7.

You would have no idea where you were without knowing that we were talking about the foul pole at SkyDome. That was the reference point, not the point of commencement. The course you travelled encircled the lot.ĭon't get confused and think you had to go back to the foul pole. And remember, you started at first, the point of commencement and travelled back to first, again the point of commencement. The rectangle, square or diamond enclosing the infield is the lot. Once you got there, you were told to go to second, third, home and then back to first, the point of commencement. You were told to start out at the foul pole and go to first. The reference point is the right field foul pole, and the point of commencement is first base. Most of the time, when there is some confusion in the understanding of a description, these two points get mixed up in some way. Where you are dealing with metes and bounds, there are two significant points: Now you know that you just ran around the infield. I need to tell you that #1 was the right field foul pole at SkyDome However, you still don't know where you are! But first, I'm going to give you some directions so that you can find it:Ģ) then you are going to travel due south in a straight line, 210 feet,ģ) then you are going to make a right turn ( a 90 degree right turn)Ĥ) then you are going to travel a distance of 90 feet to a point,ĥ) then you are going to make a left turn ( a 90 degree left turn)Ħ) then you are going to travel a distance of 90 feet to a point,ħ) then you are going to make a left turn ( a 90 degree left turn)Ĩ) then you are going to travel a distance of 90 feet to a point,ĩ) then you are going to make a left turn ( a 90 degree left turn)ġ0) then you are going to travel a distance of 90 feet to a point,ġ1) now, you are back to the point where you started I'm going to ask you to describe a certain location. So, here's a simple way to approach the subject.

I see that many real estate professionals continue to experience difficulty understanding "metes and bounds".

A map executed by a licensed surveyor, which sets down precisely the boundaries of a given property as well as improvements, references to known landmarks, and the property's notable features.Metes and Bounds Legal Description Explained.

The area within a building, calculated by measuring the rooms by length and width.

Permanent, non-movable property, such as land and buildings.

A legal disclosure that developers of timeshare properties are required to give to prospective buyers.

A legal document prepared by a surveyor that shows the locations of all visible public and private improvements relative to property boundaries.

Plat maps also show the locations of streets and easements.

A map that shows a parcel of land and how it is subdivided into individual lots.

The written geographical description of a property as described in the land register.

Legal Mortgage - Definition, Important,.A way of identifying a piece of property in writing that is acceptable to a court.Legal Description (lgdc) - Abbreviation,.

The legal document conveying title to a property.

For example, Condominium Acts do divide land horizontally thereby limiting the vertical ownership. This can include everything under it and over it.

This refers to a parcel or stretch of land that separates two pieces of property.

Property lines that are drawn to settle a dispute between neighbouring property owners.

A plot of land 180 by 242 feet is one acre. ➥ AB is a common abbreviation for Abstract of Title when used in property listings and real estate classifieds.