What term is used to describe a legal description recorded for a specific lot or subdivision?

Prepare for the Michigan State Title Insurance Exam. Enhance your study with flashcards and multiple-choice questions. Understand questions with detailed hints and explanations. Ace your exam!

The term "Subdivision Plat" refers specifically to a legal description that is recorded for a particular lot or subdivision. When a subdivision is created, a plat map is prepared, showing the boundaries of individual lots, streets, and any common areas within the development. This plat is then recorded with the county or municipality, making it an official legal document that provides clear and precise details about the dimensions and layout of the lots in the subdivision.

The importance of a subdivision plat lies in its role in real estate transactions, zoning regulations, and property development. It serves as a key reference for title companies, real estate professionals, and local authorities when assessing property boundaries and ownership rights. A well-defined plat ensures there is no ambiguity regarding the size and shape of each parcel within a subdivision, which is critical for property owners, developers, and potential buyers alike.

Other terms like "Parcel Description" and "Lot Survey" do exist, but they do not specifically imply the formal recording that a subdivision plat does. A parcel description may refer to a description of any tract of land without focusing on subdivision elements, while a lot survey pertains to the process of measuring and outlining the specific features of a lot rather than the legal recording aspect. Similarly, a site plan typically illustrates

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