There are 2 choices when considering having a survey performed. You can either get a complete Boundary Survey, or a Surveyors Real Property Report. Let’s look at the Pros and Cons of the Boundary Survey:
Pros:
- All Property corners are located – the monuments are verified, reset (if needed) and marked for homeowner to be able to clearly see the survey monument.
- Shows recorded easements on the drawing.
- Shows all improvements – including fences, retaining walls and items close to the property lines on the drawing. The drawing will provide measurement details pertaining to the location of those items as well.
- Can be used for building fences and other improvements, which means you can use the Boundary Survey drawings to get your permits for performing work on your property.
- Survey coverage is given to both the Buyer and Lender from the title company so that if your neighbor tries to take part of your land, your title company may be more likely to provide you with legal representation, assuming that it was not excluded in your title insurance policy.
Cons:
- More expensive (starting from $375 – $495) because performing a Boundary Survey takes easily double the time that a SRPR takes, it is more costly.
- More notice is needed because it takes longer to perform, more time is needed to complete the survey. For a rush, it takes 48 hours to complete, but standard turnaround time is 5 business days.
The Boundary Survey shows the condition of the property along with all of the details pertaining to the property. Having a Boundary Survey performed by a licensed land surveyor will “Make it Known, What you Own”.
Information provided should not be considered legal advice and all buyers, agents and title companies should consult their attorneys for legal advice.
I have bought 30 ac, that joins my farm on the east end. I have been told by a surveyor that the property line on the south of this property and my existing farm property also on the south side go over the existing fence line approximately another 20 ft.? Can i have it surveyed and move my fence over to the surveyed boundary and have the old fence dozed out that has grown up in trees? this will be approximately a half mile of new fence and involve 4 different land owners on the south of my property???
Thank you for reaching out to us and commenting on our blog. We would like to discuss this with you in more detail. Please email us at [email protected] so we can have more one-on-one dialog about your comment/questions. Thanks so much, Will with Cardinal Surveying