The most valuable asset that most people will ever own is their home. When you are a property owner, you will want to know exactly where your property begins and ends. One way you can do this is by investing in an ALTA survey to review your land. There are various situations when having a land survey completed will be necessary.
Buying a Home
If you are going to purchase a home, you will undoubtedly need a survey. A full survey is normally a standard part of the real estate process, and it will be required by more mortgage lenders as survey issues could risk the collateral for their loan. Further, your attorney will want to review the survey to ensure you are purchasing what you think.
When Trying To Settle Boundary Disputes
One of the most common situations requiring a property land survey is when owners have a boundary dispute with a neighbor. If you and an adjacent neighbor disagree over where your property ends, it will be important that you receive a boundary survey to clarify property lines. These surveys will review the legal description and pinpoint exactly where your property begins and ends.
When You Want to Identify Buried Items
There are situations when you may want to dig up your property. Whether this is to put in a pool, complete some underground plumbing work, or build a property addition, you will need to know exactly where buried electrical and other lines are located. If you receive a survey, it can help you identify the exact placement of the lines. Your contractors can then use this information when creating their final designs and plans.
To Know Zoning Requirements
If you intend to make any form of improvement to your property, you also will want to know the zoning requirements. The zoning requirements can greatly impact your ability to build or modify a residential or commercial structure. When you have a survey completed, the process can also help by researching all of your zoning requirements.
To Identify Public Agreements
Another benefit of receiving a survey is that it can help you identify any public agreements you have. Your survey will help identify any easements, rights of access, and other public agreements you should be aware of. This is particularly important when you are looking to purchase a property as it can help ensure that you are not subject to any of these requirements once you close the purchase of the home.
Having a survey completed on occasion is a good idea for many people. These surveys can help you identify property lines and receive various other benefits. There are various situations when you should evaluate your property survey requirements and have a new ALTA survey ordered.
Categorised in: Land Surveyor