Real estate
transactions involving home sales, deeds, mortgage loans, or deeds of
trust all rely on a binding legal
description. Mortgage companies, for example, need to
be sure that the property is well described—and worth the money they
lend to a buyer.
A properly
written legal description sets forth the county and state of the property. It
allows a surveyor to
identify precise dimensions and correct, historical borderlines.
Indeed, the
existing legal description is based on the original survey. And
a key task of the current survey is a verification of the accuracy of the
property’s legal description. In short, real estate legal descriptions and
surveys work together.
Continue reading “How Real Estate Legal Descriptions and Surveys Work Together”