Assignment for Chapter 7 Rural Appraisal AGEC 432 Instructor: David J. Leatham 3 Baseline 4 2 Principal Meridian IT 1. Given the Baseline and Principal Meridian, Identify Township T3N-R2W 2. Given the Baseline and Principal Meridian, Identify Township T2S-R1E 3. Using the Figure above, Identify the 17th section. 4. Assume that the box below represents the 21st section. Darken in the area of the section that is represented by this address: SW %% S 1/2 NW %% Section 21.5. Assume that the box below represents the 14"h section. Darken in the area of the section that is represented by this address: W )6 NE K N K Section 14. IiII 6. Show the quadrants of a circle and within the circle show 5 30" W 021m 5 30* w 7 03 Q4 7. A township consists of how many total acres and square miles? 640 acres, and 6 sq miles. 8. One acre consists of how many square feet? 43,560 ft. 9. One Important factor in writing and understanding legal descriptions is the proper use of punctuation and also the proper use of what two words? But. and also 10. The starting point for a land description is usually an arbltrary point, typically or commonly known as what? It is typically known as the point of beginning. 11. The Recorded Plat System is used to divide land into blocks or lots. What are 3 other commonly used names for the Recorded Plat system? The lot and block survey system, the recorded map survey system and the recorded plat survey system. 12. A surveyor installs permanent markers at some or all reference points around a described real estate. What are these permanent markers commonly known as? They are commonly know as monuments. Assignment for Chapter 14 Rural Appraisal AGEC 432 Instructor: David J. Loatham You have been hired by Agirich Appraisal. Your boss is happy with your work and thinks you are ready for your next assignment. You next assignment is to provide the indicated value for a subject property using the sales comparison approach. Use the "Direct Sales Comparison Grid" that you prepared in Assignment 7 (Chapter 12) to obtain the adjusted values for land and buildings. Start with this information and make adjustments for location, time and size. Show this information in a "Direct Sales Comparison Grid." Derive a nal value conclusion for the subject property presented in Assignment 7 (Chapter 12)