Property Ownership
The lot and block legal description system is most commonly used in:
ARural farmland descriptions
BRecorded subdivision plats in urban and suburban areas✓ Correct
COceanfront property descriptions
DMining and mineral rights descriptions
Explanation
The lot and block system (also called the recorded plat system) identifies parcels by their lot number and block number within a recorded subdivision plat map. It is most common in urban and suburban residential subdivisions.
People Also Study
Related Alabama Questions
- The legal description used in most Alabama urban subdivision lots is the:Property Ownership
- In Alabama, which legal description method uses a starting point, directions, and distances to describe a parcel?Property Ownership
- The legal description method that divides the United States into townships and ranges is known as the:Property Ownership
- Which type of legal description uses compass directions and distances to trace the boundaries of a parcel?Property Ownership
Key Terms to Know
Adjustable-Rate Mortgage (ARM)
A mortgage with an interest rate that changes periodically based on a financial index, usually after an initial fixed-rate period.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Debt-to-Income Ratio (DTI)A lender's measure of a borrower's monthly debt obligations relative to their gross monthly income, used to evaluate loan eligibility.
EasementA non-possessory right to use another person's land for a specific purpose.
Study This Topic
Practice More Alabama Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Alabama Quiz →