Question

Okay, we've told you to include the legal description in an offer to purchase. You're following our advice, but you need to find it for your offer. We provided some direction a couple of slides ago. In what three places can you find the legal description?

Answer 1

The legal description can be found in the property's current deed, property tax documents, and title insurance documents. These precise descriptions are crucial for real estate transactions and must be included in an offer to purchase.

Step-by-step explanation:

In real estate transactions, the legal description of a property is a detailed way of describing the property for legal purposes. You can find the legal description of a property in three main places:

1. The current deed for the property, which can be found at the county recorder's or land registry office.
2. Property tax documents, which typically include the legal description and are available from the local assessor's office.
3. Title insurance documents that you receive when purchasing title insurance for the property.

These documents provide a definitive and precise description that goes beyond a property's street address. Understanding how to locate the legal description is crucial when creating an offer to purchase, ensuring all details are accurately represented in the transaction.