Property OwnershipIntermediateNorth Carolina Exam

A 'survey plat' recorded in a NC county's Register of Deeds serves to:

ATransfer ownership to the survey company, though the exact requirements can vary somewhat by jurisdiction
BCreate a recorded map of the property showing boundaries, dimensions, easements, and other survey dataCorrect
CEstablish the property's assessed value
DCreate a mechanic's lien

Why Create a recorded map of the property showing boundaries, dimensions, easements, and other survey data Is Correct

Answer B: Create a recorded map of the property showing boundaries, dimensions, easements, and other survey data

A recorded survey plat is a legally accurate map of the property boundaries, dimensions, easements, and other survey data that becomes part of the public record and forms the basis for lot and block legal descriptions.

Exam Tip: Property Ownership

Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.

Key Property Ownership Terms in This Question

Deed

A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).

Easement

A non-possessory right to use another person's land for a specific purpose.

Lien

A financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.

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