Mortgage Contracts

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January 1, 1 6 min read Definitions

Property Description Real Estate Legal Description Deeds Leases Sales Contracts Mortgage Contracts Metes and Bounds

A formal depiction of the dimensions and location of a property; generally included in deeds, leases, sales contracts, and mortgage contracts for real property. Different methods such as government rectangular survey, lot and block, and metes and bounds are used for legal descriptions and plats.