Lot means a parcel or a single article that is the subject matter of a separate lease or delivery, whether or not it is sufficient to perform the lease contract. Phase I assessment as described in, and meeting the criteria of, (i) Chapter 5 of the FNMA Multifamily Guide or any successor provisions covering the same subject matter in the case of a Specially Serviced Mortgage Loan as to which the related Mortgaged Property is multifamily property or (ii) the American Society for Testing and Materials in the case of Specially Serviced Mortgage Loan as to which the related Mortgaged Property is not multifamily property. Record of survey map means a map of a survey of land prepared in accordance with Section 10-9a-603, 17-23-17, 17-27a-603, or 57-8-13. This official map is a supplement to and shall be used in conjunction with the Flood Insurance Rate Map (FIRM). Land surveyor means a person who by reason of knowledge ofįlood Boundary and Floodway Map (FBFM means an official map of a community, issued by the Federal Emergency Management Agency, on which the Special Flood Hazard Areas and the floodways are delineated.
METES AND BOUNDS SURVEY PROFESSIONAL
Surveyor means a professional surveyor licensed under article 20 of the occupational code, 1980 PA 299, MCL 339.2001 to 339.2014.
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443.Īssistant Hydrographic Surveyor means the Assistant Hydrographic Surveyor of the Authority, as the case may be
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Professional land surveyor means a professional land surveyor licensed under ch. Quantity Surveyor means the quantity surveyor appointed by the Seller for the purposes of the Development Survey Area means the area of land or waters the subject of a Survey, or proposed to be the subject of a Survey.īoundary means any lateral or street boundary of a site Parcel means any lot, block or other area in which land is held or into which it is subdivided, but does not include a highway. Tract means 2 or more parcels that share a common property line and are under the same ownership. Metes and Bounds Description: A metes and bounds description shall include the general location of the tract or lot with sufficient accuracy such that the tract can be readily located on the ground. Metes and bounds description to be provided which must conform to that shown on the Survey, the Security Instrument and any other Loan Documents that require a legal description of the Property. Metes and bounds: A point of beginning which is referenced from either a section corner or a subsection corner, such as a quarter corner. Metes and Bounds - A method of property description by means of their direction and distance from an identified section survey. Submittals for Metes and Bounds Subdivisions (lot splits) shall conform to the minimum requirements of a preliminary plat if either the proposed new parcel or the remnant is less than 10 acres. State, County, and Survey within which the proposed parcel of land to be acquired is located.Metes and bounds descriptions must include, but need not be limited to, the following items of information: Metes and bounds property descriptions are required Station and Offset style property descriptions are not acceptable.
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Metes and bounds description A metes and bounds description must be prepared for each parcel of land to be acquired. The properties are sold based upon their LEGAL DESCRIPTION ONLY (Subdivision name and Lot number, or Metes and Bounds measured description). Metes and bounds descriptions of this type of property are optional.