Purpose of Legal Descriptions
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Welcome to the course!
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The Real Estate Business
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Law & Qualifications
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License Law And Commission Rules
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Authorized Relationships, Duties, And Disclosure
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Brokerage Offices and Branch Requirements
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Violations Of License Law, Penalties And Procedures
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Chapter 8
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Property Rights
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Title, Deeds And Ownership Restrictions
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Legal Descriptions
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Real Estate Contracts
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Residential Mortgages
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Types of mortgages
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Real Estate Related Computations And Closing Of Transactions
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The Real Estate Markets And Analysis
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Real Estate Appraisal
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Real Estate Investments And Business Opportunity Brokerage
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Taxes Affecting Real Estate
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Planning, Zoning And Environmental Hazards
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Course Assessments
FLORIDA REAL ESTATE SALES ASSOCIATE COURSE
Legal Descriptions
Section 1 of 17
We know what land is (dirt and rights). But how do we define exactly where it is? You can't just say, "The big field behind the old oak tree," because the tree might die.A Legal Description is a precise method of describing the location of real estate that will be accepted by a court. It establishes exact boundary lines so that 100 years from now, a surveyor can find the exact same plot of land.A legal description is used to describe a piece of land so clearly and precisely that a court of law can recognize exactly which property is being discussed. Its purpose is to identify one specific parcel of land and distinguish it from all others. A legal description is considered valid if a surveyor can use it to locate and draw the exact boundaries of the property.
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