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Key takeaways. A property survey legally defines the boundaries of a plot of land. Mortgage lenders and/or title companies may require one when you're buying a house. You may also need one when ...
The Public Land Survey System ( PLSS) is the surveying method developed and used in the United States to plat, or divide, real property for sale and settling. Also known as the Rectangular Survey System, it was created by the Land Ordinance of 1785 to survey land ceded to the United States by the Treaty of Paris in 1783, following the end of ...
A site plan or a plot plan is a type of drawing used by architects, landscape architects, urban planners, and engineers which shows existing and proposed conditions for a given area, typically a parcel of land which is to be modified. Sites plan typically show buildings, roads, sidewalks and paths/trails, parking, drainage facilities, sanitary ...
History. The existence of section lines made property descriptions far more straightforward than the old metes and bounds system. The establishment of standard east-west and north-south lines ("township" and "range lines") meant that deeds could be written without regard to temporary terrain features such as trees, piles of rocks, fences, and the like, and be worded in the style such as "Lying ...
HELOCs provide a line of credit that's there when you need it, and can be repaid over a number of years. HELOC balances increased by 2.7 % in 2023. They averaged $39,556 in 2021, $41,045 in 2022 ...
A property marker outside the United Nations building in New York City. A unit of real estate or immovable property is limited by a legal boundary (sometimes also referred to as a property line, lot line or bounds ). The boundary (in Latin: limes) may appear as a discontinuation in the terrain: a ditch, a bank, a hedge, a wall, or similar, but ...
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