A boundary is an officially recognized and defined line that indicates the limits of a piece of property. It is often synonymous with the term 'property line' and is essential in real estate for establishing ownership, resolving disputes, and creating legal descriptions of land parcels.
In real estate, a formal depiction of the dimensions and location of a property, generally included in deeds, leases, sales contracts, and mortgage contracts for real property.
A legal description is a detailed way of describing a piece of real estate that is accepted legally and used for property-specific documentation. It identifies the property through various surveying methods such as government rectangular survey, metes and bounds, or recorded plat (lot and block number).
The lot and block method is a system used for locating and identifying parcels of land based on a designated lot number and block number as assigned on a plat map of a subdivision.
