1. Real Estate Principles Tenth Edition Real Estate: An Introduction to the Profession Tenth Edition

2. Chapter 2 Nature and Description of Real Estate __________________________________

3. Land Improvements Fixtures Manner of Attachment adaptation of object existence of an agreement relationship of the parties Appurtenances

4. Real Estate’s Dimensions Land includes the surface of the earth, the sky above, and everything to the center of the earth.

5. Water Rights Riparian Right Doctrine of Capture Percolating Water

6. Land Descriptions Metes & Bounds Rectangular Survey System Recorded Plat Reference to Documents other than Maps Informal Reference - address Assessor’s Parcel Number

7. Describing Land by Metes and Bounds

8. Naming Directions for a Metes and Bounds Survey Moving in a clockwise direction from the point of beginning, set the center of a circle compass on each corner of the parcel to find the direction of travel to the next corner.

9. Parallels and Meridians The public land survey system of the United States.

10. Township Divided into Sections

11. One Section (640 Acres) Subdivided

12. Land Description by Recorded Plat

13. Lot Types

14. The tax assessor assigns every parcel of land in the county its own parcel number. For example, the westernmost parcel (lot 50) in the map would carry the number 34-18-8, meaning Book 34, Page 18, Parcel 8. Assessor’s Map

15. Physical Characteristics of Land Immobility Indestructibility Nonhomogeneity

16. Economic Characteristics of Land Scarcity Modification Fixity Situs

17. Key Terms Fixity Fixtures Improvements Meridians Metes & Bounds Monument Personal property Real Estate Recorded Plat Riparian Rights Scarcity Situs