PSI Oklahoma Real Estate Practice Test

The legal description "NE 1/4 of SW 1/4 of Section 4, Township 3 North, Range 2 East" indicates a rectangular survey system. This system is commonly used in the United States, particularly in the Midwest and western states, and is based on a grid system. It divides land into townships and sections that can be easily identified. In this description, "Section 4" refers to a specific one-square-mile area within a township, while "Township 3 North" and "Range 2 East" locate the section within the larger grid of townships and ranges. The further divisions into "NE 1/4" and "SW 1/4" specify small quadrants of the section, indicating precise dimensions and location. This method provides an organized way to describe property boundaries, which is particularly useful for legal and mapping purposes. The other options represent different methods of property description that do not apply in this case. Lot and Block descriptions refer to specific parcels within a larger subdivision and are based on recorded plat maps. Metes and Bounds provides a description using physical landmarks and measurements, which is less organized than the rectangular survey method. The Property's Tax ID serves as an identifier for taxation