What is a Surveyors Real Property Report (SRPR):
Also known as or commonly known as a “spot survey” or a “mortgage inspection report”
- Used mainly by Title companies and Mortgage Companies for someone purchasing a property.
- Single Family Home
- Duplex, Villa, Condo, Townhouse or Multi-family building IF:
- The entire building is owned or being purchased (you cannot do a SRPR if you own or are purchasing only one unit in a multi-unit property)
- Each unit has their own exterior entrance
- There are 4 or fewer units.
- Location of house, buildings and other permanent structures on property are determined.
- Is an approximation of “best evidence” only based on the survey monuments found and used for the purpose of the survey.
- Building lines and easements are shown on the drawing based on the recorded subdivision plat and a title commitment if one is available.
- A drawing is prepared that shows structure locations in relationship to property lines, easement lines and building lines.
- A SRPR is only an approximation and is subject to the results that an accurate boundary may disclose.
- The state of Missouri requires that a disclaimer be placed on all SRPR drawings pertaining to the drawings use. It states that a SRPR has no warranty to current or future owners.
- It should be noted the most title companies only gives the Mortgage Company “survey coverage” on the title policy. With a SRPR the buyer does NOT typically receive “survey coverage”.
- Does not mark actual property corners.
- Does not show fence violations unless gross in nature.
- Cannot be used to build fences, decks or other improvements as it does not constitute a property boundary survey per state statute.
SRPR Video Tutorial
Watch the video and let Shelly Clark of Cardinal Surveying and Mapping teach you what a Surveyors Real Property Report does for you and how it compares to “SPOT” and boundary surveys.
Disclaimer:
Information provided should not be considered legal advice and all buyers, agents, and title companies should consult their attorneys for legal advice.