Legal Description of Property Ontario Example

Legal Description of Property Ontario Example

If a property is in a subdivision, the legal description can be very simple. It usually refers to one or more lots, the block (or blocks) on which the lots are located, in the name of the subdivision, the county and the state. Legal descriptions can be confusing and difficult to read, but they are one of the most important parts of acquiring property. Before you sit down to read your legal description, there are a few things you should know. A description of the boundaries and boundaries describes the property by locating it in the public survey system. The boundaries of the property are described by working around a plot one after the other, starting with a starting point. The starting point could be a landmark or a point described in the U.S. public surveying system. Here is an example of a Metes and Bounds description: Metes: The demarcation line of the property determined by measuring the distance between two points; can also determine the direction of the plot Hello Raymond, you should always talk to a lawyer about legal documents, but I generally think it`s a good idea to copy a legal description as accurately as possible.

Legal descriptions are essential to the process of buying land, so it`s just as important to know how to read the legal description of a property. It uses landmarks and distances to measure the perimeter of the property described in the legal description and is based on the physical characteristics of its geography as well as directions and distances. The legal description of a property is one of the most important pieces of information involved in a land transaction. There are three different formats of legal descriptions: rectangular surveying system – also known as cutting soil, lot and block, and metes and boundaries. Your legal description can be found in your title obligation, either in Schedule A or Schedule A of Schedule B, Part II. Everyone is thrilled when they find the perfect home, the floor plan works, the backyard is great, and the street looks idyllic. An offer is made, friends and family are called, and you are full of excitement about your purchase. “What house are you buying?, where is it?” everyone asks. You tell them a street name, a number, and that the yard looks “really big.” The urban street address is usually all that most people think about when it comes to understanding the land they are actually buying. Unfortunately, a mailing address doesn`t say much. To really know the soil beneath your feet (and how much it actually belongs to you), you need to look at and understand the legal description of a property. In a legal description, one would refer to the starting point, also known as POB, or the “starting point”.

For example, you could start at the southwest corner of the southeast quarter of section 32, T1N, and walk a certain number of feet to a certain degree. The legal description would continue to take you to a variety of different degrees and angles until you reconnect the line to the starting point and draw an accurate map of your property boundaries. If the legal description was copied and pasted from an outdated survey, it`s worth hiring a surveyor who can update this information for you. Some legal descriptions are very simple and involve a lot and block in the name of a subdivision, but even these peculiarities can be wrong when checked by surveying equipment. Here`s an example of what a legal description of a property can look like when you`re looking for yours. If that`s wrong, then you`re not really legally the owner of what you think you`re doing. What exactly is a legal description? “A written description of land delineating a particular property. Sometimes you can find your own corner marks in the ground, but that`s more on a plot with an area and description of meters and boundaries than with a lot and block. What is the legal description? (apart from this part of a purchase and sale contract with a seemingly random hodgepodge of letters and numbers that might as well be written in ancient Greek). Here`s an introduction to what it all means and why it`s important: When you start describing a legal description, always start with the starting point. Another common acronym is PIQ (“property in question”).

Any property you talk about or instruct becomes the property in question. That said, before proceeding with a sale, you need to make sure that you and your real estate agent have verified the age of the legal description. When you start reading legal descriptions, you will notice that there are different types of legal descriptions. The title officer and surveyor will detect any legal description issues and clear the cloud on the title prior to closing. If you have an outdated survey, you may have an outdated legal description. Ultimately, you own what is in the legal description of your deed. Avoid using the description of property tax documents, which is often short and insufficient when it comes to legally describing the property. It allows you to determine exactly where a particular plot of land is. Because a bad legal description means you may not get the right property.

It`s not always accurate either. Metes and limits are not always an accurate measurement, but also many blocks can be here and there a few meters away. You may be wondering how this could have happened. This is often a coincidence. A homeowner builds a garage on a line they think is the property line, but is actually two feet away, and that can push a neighbor`s property line by two feet. For this reason, some securities companies are still conducting an investigation, even if the legal description is a lot and a block. In this section, we will try to decipher how to read the legal description of the property using the grid system adopted by the United States in 1785.

Share this post