Question

In every real estate transaction, a legal description of the real estate MUST appear in the transaction documents. What kind of legal description should be used in MOST transactions?

A. descriptions on the Monument system
B. address of physical location
C. same one used in prior transfers of parcel
D. descriptions using the straight line method

Answer 1

In most real estate transactions, the address of the physical location should be used as the legal description of the property in the transaction documents.

Step-by-step explanation:

In most real estate transactions, the address of the physical location should be used as the legal description of the property in the transaction documents. The property address system was created by the government to facilitate the delivery of mail and packages, and it is the most commonly used legal description in the United States. This address system provides a logical and consistent method for identifying properties and is widely understood by the general public.