Although not all lenders require that the purchaser obtain - and pay for - a property survey or real estate survey, it is definitely recommended that every purchaser authorize the settlement provider to obtain a property/real estate survey. It should be noted that the typical property survey that is provided at a settlement only shows the location of the house on the lot.
Do you have a real estate survey? Contact a Real Estate Lawyer today to have a complete real estate survey done.
While the title insurance industry will generally not accept a title claim based solely on the property survey itself, the survey will assist the purchaser in determining whether fences, trees or other such objects are properly located within the property being conveyed.
Other concerns:
- Encroachment
- Flood zones
- Elevation
A survey gives every homeowner a clear border line to know exactly what they do or do not own. If your property line is crossed, then an encroachment has transpired, and a Real Estate Lawyer will be needed to resolve disputed claims.
Contact a Real Estate Lawyer today to have a complete real estate survey done
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