Common Questions About ALTA Surveys
When it comes to ALTA/NSPS Land Title Surveys, the Cadillac of land surveys is what people think. These are usually used in conjunction with property sales and typically on commercial properties; however, we've seen more requests for residential ones lately too. Following are a few of the most common questions about ALTA’s…
What Exactly is an ALTA Survey?
An ALTA Land Title Survey is a map that shows the lot lines and dimensions of a property and any structures or visible improvements located on it. The surveyor determines the location of the property by using latitude and longitude coordinates, as well as bearings from nearby landmarks. These surveys also show things like easements, encroachments, and other limitations to ownership rights. A Land Title Survey can help you establish who has what rights to your land or home.
If you're thinking about buying land - whether it's vacant property that needs development, agricultural land, open space undeveloped area where future housing construction might occur someday- chances are your lawyer will suggest one thing: get an ALTA title search done first before moving forward on anything else
What are ALTA/NSPS Land Title Surveys typically used for?
ALTA/NSPS Land Title Surveys are generally reserved for commercial or industrial properties, but we have seen a surge in residential requests within the past few years They have become a staple tool that is often required by lenders, so they know exactly what's on a property before approving financing-related transactions. The recent increase in residential use may suggest increased interest from homebuyers who want to make sure their investment goes smoothly without any surprises down the line!
What makes ALTA/NSPS different than other types of surveys?
Well, this type of survey is usually more thorough and can be used as evidence to register ownership with local governments if needed. An ALTA/NSPS Land Title Survey contains important property designations and measurements that are required by law in order to sell land in some states. These surveys often include things like easements, encroachments, topographic information, flood plains, and visible utilities.
We hope you found this information ALTA surveys helpful. If you need an ALTA survey, please contact us as our team of experts are ready and waiting to partner with you in the sale or purchase of your property.