Chapter 11: Mortgages and Deeds of Trust

Chapter 11: Mortgages and Deeds of Trust

<p>Study Questions</p><p>CHAPTER 8: LEGAL DESCRIPTIONS</p><p>True/False</p><p>1. Each section is supposed to consist of 36 townships.</p><p>2. In any particular township, section 12 is supposed to be directly south of section 2.</p><p>3. The NW 1/4, SW 1/4, SW 1/4 of a section contains less land than the N 1/2, SW 1/4, SE 1/4 of the section.</p><p>4. In a metes and bounds description, an anchor is a device used to secure a monument or marker on the border of the property.</p><p>5. There are 7,280 feet in a mile.</p><p>6. If a river or stream is used as a boundary line, and the course of the river or stream changes rapidly, so does the boundary line.</p><p>7. The base line is a line ______. A. of longitude. B. used to measure vertical distances. C. running north and south. D. that runs parallel to a meridian line. E. of latitude.</p><p>8. How much land is contained within a section? A. 160 acres. B. 500 acres. C. 640 acres. D. 36 square miles. E. 100 acres.</p><p>9. What are the boundaries lying on the east and west sides of each township called? A. section lines. B. range lines. C. base lines. D. property lines. E. township lines. Study Questions: Chapter 8 2</p><p>10. Plat maps may show all of the following EXCEPT: A. names of public streets. B. size and shape of each lot. C. size of utility easements. D. names of subdivisions. E. names of individual lot owners.</p><p>LARSEN • REAL ESTATE PRINCIPLES AND PRACTICES Study Questions: Chapter 8 3</p><p>11. Under the United States Geological Survey a datum is: A. a group of dates during which surveys were conducted. B. always included in a plat description. C. used to measure township boundaries. D. a point from which a vertical distance is measured. E. always changing with the water level.</p><p>12. Who owns the land under a navigable river? A. the government. B. the owner of the adjoining property only to the average high water mark. C. the owner of adjoining property to the middle of the water. D. the local water company. E. no one, it is public domain.</p><p>ANSWERS</p><p>1. False 2. False 3. True 4. False 5. False 6. False 7. E 8. C 9. B 10. E 11. D 12. A</p><p>LARSEN • REAL ESTATE PRINCIPLES AND PRACTICES </p>

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