Lot and Block Description Clause Samples
A Lot and Block Description clause defines a specific parcel of real estate by referencing its lot and block numbers as recorded in a subdivision plat map filed with the local land records office. This method of legal description is commonly used in urban and suburban developments where land has been divided into lots and blocks for sale or development. By providing a precise and standardized way to identify property boundaries, this clause ensures clarity in property transactions and helps prevent disputes over land ownership or location.
Lot and Block Description. If the Land consists of one or more complete lots or blocks included within a properly established recorded subdivision or addition, then a lot and block description will be an acceptable substitute for a metes and bounds description, provided that the lot and block description must completely and properly identify the name or designation of the recorded subdivision or addition and give the recording information therefor.
Lot and Block Description. If the Property is included within a properly established, recorded subdivision or addition, then a lot and block description will be an acceptable substitute for a metes and bounds description, provided that the lot and block description must completely and properly identify the name or designation of the recorded subdivision or addition and give the recording information therefor.
Lot and Block Description. If the Borrowing Base Property consists of one or more complete lots or blocks included within a properly established recorded subdivision or addition, then a lot and block description will be an acceptable substitute for a metes and bounds description, provided that the lot and block description must completely and properly identify the name or designation of the recorded subdivision or addition and give the recording information therefor.