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Cost Approach - McKissock Class Questions with Correct Answers

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Cost Approach - McKissock Class Questions with Correct Answers Which is not a type of land rights? Deed rights Water rights Mineral rights Non-development rights Deed Rights

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Cost Approach - McKissock Class Questions
with Correct Answers

Which is not a type of land rights?

Deed rights

Water rights

Mineral rights


Non-development rights Deed Rights




A record showing the location, size, and owner of each plot of land in a stated area is called a

______________. More Definitions,

Plat book

Deed book

Legal description


Assessment map Plat book




Which System uses chains and links?

Lot and Block

Leaps and Bounds

,Government Survey


Metes and Bounds Metes and Bounds




"An exact description that enables the real estate to be located and identified" is the definition of:

Plat

Survey description

Legal description


Title Legal Description




Which method of legal description was the earliest?

Government Survey

Lot and Block

Rectangular Survey


Metes and Bounds Metes and Bounds




A lot that has all clearing and grading completed, with all public utilities that are available at the

property line and all engineering and adjoining roads completed is called a(n)

________________.

,Approved lot

Finished lot

Buildable lot


Plat Finished lot




Which System uses chains and links?

Lot and Block

Leaps and Bounds

Government Survey


Metes and Bounds Metes and Bounds




Which is NOT one of the three general types of legal descriptions employed in the country

today?

Metes and Bounds

Government Survey

Links and Chains


Lot and Block Links and Chains

, Which is the most prevalent type of legal description used in the U.S. today?

Metes and bounds

Lot and block

Rectangular survey


Section, lot and block Rectangular Survey - Rectangular Survey System, The most

prevalent type of legal description used in the U.S. today is the rectangular survey method.




The Rectangular Survey system is found primarily in the

Midwest and West

South

Northeast


Mid-Atlantic Midwest and West




Which is not a type of land rights?

Deed rights

Water rights

Mineral rights

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