Illinois Real Estate Exam Practice Question
The following property description is an example of which method of describing real estate? 'starting at a point on the southerly side of Victoria Street, 100 feet easterly from the corner formed by the intersection of the southerly side of Victoria street and the easterly side of Monterey street; then...'
Correct Answer: B
Rationale: The description provided utilizes specific measurements and directions to define the property's boundaries, characteristic of the metes and bounds method. This technique involves detailing distances (metes) and angles or directions (bounds) from a known starting point.
Option A, rectangular survey, refers to a grid system based on latitude and longitude, which is not evident here. Option C, lot, block, and tract, pertains to subdivisions and is not applicable as no such references are made. Option D, government survey, typically involves broader land divisions and does not apply to the precise, localized description given.
Unlock All Questions
Subscribe to Premium for full access to all practice questions, detailed rationales, and performance tracking.
Subscribe Now