What does the lot and block system use to develop a property's legal description?

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Study for The CE Shop Appraisal Exam. Prepare with flashcards and multiple choice questions, each with hints and explanations. Get ready to ace your exam!

The lot and block system utilizes plat references to develop a property's legal description. This system is commonly used in urban and suburban areas, where land has been subdivided into lots and blocks as shown on a plat map. A plat map is a detailed diagram that outlines the divisions of a piece of land, indicating specific lots, blocks, and their boundaries. Each lot within the subdivision is assigned a unique identifier, allowing for precise legal descriptions necessary for property transactions.

In contrast, other options like metes and bounds refer to a different way of describing land that relies on physical features and measurements, while GPS coordinates, though precise, are typically not used in traditional legal descriptions like lot and block. Historical records do not typically provide the immediate specificity needed for legal descriptions in this context. The lot and block system ensures clarity in real estate transactions by referencing established plat maps and their associated lot numbers.

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