Certified Residential Appraiser Practice Exam

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Study for the Certified Residential Appraiser Exam. Use flashcards and multiple choice questions with hints and explanations. Ensure you're ready for your certification!

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Which system is NOT a type of legal description?

Lot and Block System
Metes and Bounds System
Rectangular Survey System
Gridded Reference System

The correct answer is: Gridded Reference System

The Gridded Reference System is not considered a formal type of legal description in real estate. Legal descriptions are standardized methods used to describe land in a way that is accepted by law for purposes of deeds, surveys, and property transfers. The Lot and Block System, Metes and Bounds System, and Rectangular Survey System are recognized, established forms of legal descriptions. The Lot and Block System uses a plat map that has divided the land into lots and blocks, while the Metes and Bounds System describes the boundaries of a property using physical landmarks and measurements. The Rectangular Survey System, also known as the Public Land Survey System, divides land into rectangular parcels based on a grid system established by baselines and meridians. In contrast, the Gridded Reference System lacks the legal framework and traditional use associated with property descriptions. It may involve a more general representation of areas but does not convey the precise, legally binding information necessary for property identification as seen in the other three systems.