Which of the following would be least likely to include a legal description of a parcel of real estate?

Prepare for the North Carolina Broker Reciprocal Exam. Sharpen your skills with flashcards and multiple-choice questions. Each question offers explanations to ensure clarity and understanding. Get ready to excel!

A property tax bill is the least likely to include a legal description of a parcel of real estate. While property tax bills do identify the property for tax purposes, they typically do not contain a detailed legal description like that found in deeds, sales contracts, or mortgage agreements.

A deed is a legal document that transfers ownership of real estate and includes a precise legal description to clearly identify the property being conveyed. The sales contract, which outlines the terms of a sale between a buyer and seller, also includes a legal description to ensure that both parties are in agreement on the exact property being sold. Similarly, a mortgage agreement often contains a legal description to define the property that is being used as security for the loan.

In contrast, the property tax bill usually provides a simpler identification of the property, such as an address or parcel number, without the detailed legal terminology that describes boundaries, metes and bounds, or specific acreage as required for legal documents involved in real estate transactions.

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