A developer in Sarasota is subdividing a parcel described as 'The Southeast 1/4 of the Northeast 1/4 of Section 8, Township 36 South, Range 19 East, LESS the South 330 feet thereof.' How many square feet remain after the exception?
Correct Answer
A) 1,306,800 square feet
The southeast one-quarter of the northeast one-quarter is a 40-acre quarter-quarter section: 1,320 feet by 1,320 feet, or 1,742,400 square feet. The excepted south strip is 330 feet by 1,320 feet, or 435,600 square feet. The remaining area is 1,742,400 minus 435,600, or 1,306,800 square feet.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Real property is immovable land and anything permanently attached to it, while personal property (also called chattels) is movable.
Tenancy by the entirety is a form of co-ownership available only to married couples that includes the right of survivorship and protection from individual creditors. Neither spouse can unilaterally sell or encumber the property.
Tenancy in common is a form of co-ownership in which two or more persons hold separate, undivided interests in property without the right of survivorship. Each owner can hold unequal shares and can independently transfer their interest.
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Previous Question
A Fort Lauderdale broker is handling the sale of a waterfront lot with riparian rights. The legal description includes the phrase 'together with riparian rights appurtenant thereto, subject to the mean high water line as established by the Florida Department of Environmental Protection.' What does this phrase indicate about the property boundaries?
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A Tallahassee real estate agent discovers that a property's legal description in the MLS differs from the description in the deed. The MLS shows a street address while the deed contains a proper metes and bounds description. What should the agent do?