What is a "property description"?

A property description plays a crucial role in the real estate transaction process as it provides a comprehensive account of the property being sold. This detailed description typically includes information such as the property's location, boundaries, and dimensions, as well as any significant features or improvements made to the property. The intent behind this description is to clearly identify the property in question, ensuring that all parties involved in the transaction understand exactly what is being sold.

This specificity is essential not only for buyers but also for lenders, real estate agents, and title companies involved in the transaction process. By having an accurate property description, the potential for disputes over property boundaries or characteristics is significantly reduced, making it a fundamental aspect of property transfers and legal documentation.