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Which of the following best describes the boundaries of a property?

  1. Legal description

  2. Property appraisal

  3. Title insurance

  4. Property survey

The correct answer is: Legal description

The term that best describes the boundaries of a property is the legal description. A legal description provides a precise, formal way to identify and delineate a parcel of land, ensuring that the boundaries are recognized in a legal context. This description typically uses methods like metes and bounds, lot and block, or government survey systems to convey the exact dimensions and layout of the property. While a property survey may also depict the boundaries, it is often the tool used to create the legal description and may include additional details about improvements, easements, and other features on the land. A property appraisal focuses on assessing the market value of the property rather than defining its boundaries. Title insurance protects against loss from defects in title but does not specify property boundaries. Thus, the legal description serves as the definitive reference for the property's boundaries in legal documents and agreements.