Showing posts with label Assets. Show all posts
Showing posts with label Assets. Show all posts

Monday, August 24, 2020

Technical Descriptions of TCT: How this is important and vital on your Real Estate Transaction


"Surveying is an art of determining the position of points on or near the earth's surface by the elements in space, namely, distance, direction and elevation. It is also a science and art of determining the area and configuration of portions of the surface and representing them on maps."

In every Transfer Certificate of Title (TCT), the property's technical descriptions helps the geodetic engineer / land surveyor, real estate appraiser or even the eal estate broker in determining the correct metes and bounds of the property. It will give the reader a guide or clue on the right area or dimension of the subject property in question.