In my experience, it is not common for a mortgage company or lender to require a survey during the purchase of a real estate transaction. However, if an owner is acquiring a home equity loan to build an addition on the property, the mortgage company may require a...
There are several purposes for having a land survey performed on your property. Here are a few of the different types of surveys and what their use is: Boundary survey. The purpose of this survey is to determine the location of a property. You frequently have a...
One of the unique characteristics of an ALTA survey is the flexibility that it provides for the client. Because this is a much more intensive look at a property, there are many additional items that can be addressed by the survey. The Table A provides a list of 19...
If you are getting ready to install a fence or add landscaping, you may be interested in knowing where your property lines are located so that you can ensure that you are staying on your own property. The professional who is most associated with property lines is a...
By definition an encroachment is an intrusion on a person’s territory, rights, etc. In real estate we typically see the term encroachment used to describe items that are on the wrong property. Here are some common examples. Adjoining property fence located onto...
There are 4 key elements that are required to be shown on a plat or map of an ALTA/NSPS land title survey drawing. This information can then be used by the client, lender, or title company to better understand the property and its improvements. The 4 elements are as...
