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If a lender is involved in the transaction, removing any survey exceptions from the title insurance policy would be a requirement of a lender. A title company would require a survey in order to remove any survey exceptions. So, in order for the title company to comply with the lenders instructions, a survey would be required. If it is a cash deal, then a title policy could be written leaving in the exception to coverage for any matters found on an accurate survey. In this case, the survey would be an option rather than a requirement. It is a good idea to get a survey, even on a cash deal and avoid survey-related issues after the closing.
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Do you need a survey if no mortgage is required?
If no mortgage is required, a survey may not be necessary unless there are other property boundaries, easements, or zoning issues that need to be identified. However, having a survey can still provide valuable information on the property's boundaries and features, which can be beneficial for future planning or potential legal matters.
What is a ILA land survey?
An ILA land survey, also known as an Improvement Location Certificate, is a type of survey that shows where improvements like buildings, fences, and driveways are located on a property. It typically does not show boundary lines or property corners. It is often used for real estate transactions to verify the location of improvements in relation to property boundaries.
What exactly is an Alta Survey?
An ALTA survey, short for American Land Title Association survey, is a detailed survey used in real estate transactions to identify property boundaries, improvements, easements, and other important property details. It is typically more comprehensive than a standard property survey and is often required by lenders or title insurers to ensure that the property is accurately represented.
Can you sell property without a survey?
In some cases, you can sell property without a survey, but it is generally recommended to have one done before listing the property. A survey can help verify property boundaries, locate easements or encroachments, and identify any issues that may affect the sale. Buyers may also request a survey as part of their due diligence.
What does 8 offset mean on a boundary survey survey?
An 8-foot offset on a boundary survey usually refers to a distance that lines are measured parallel to the boundary line or property line. This offset helps in accurately mapping out the boundaries of a property and determining the correct location of property lines.
Do you need a survey if no mortgage is required?
If no mortgage is required, a survey may not be necessary unless there are other property boundaries, easements, or zoning issues that need to be identified. However, having a survey can still provide valuable information on the property's boundaries and features, which can be beneficial for future planning or potential legal matters.
In Utah is a Survey required for a mortgage?
Yes, a survey is typically required when obtaining a mortgage in Utah. The survey helps to verify property boundaries, easements, and any potential issues that may affect the property's value or use. It provides important information for both the borrower and the lender during the home buying process.
How much does it cost to survey your property in NJ?
The cost of surveying your property in New Jersey can vary depending on factors such as the size of the property, its location, and the complexity of the survey required. On average, you can expect to pay anywhere from $500 to $2,500 for a property survey in New Jersey. It's best to contact a few local surveying companies to get quotes specific to your property.
What has the author Richard G Ervin written?
Richard G. Ervin has written: 'Archeological survey near the Maryland route 161 Bridge over Deer Creek, Harford County, Maryland' 'Archeological survey of the Maryland Route 45 bridge over a Department of Natural Resources trail, Baltimore County, Maryland' 'Archeological survey of the U.S. Route 301/Maryland Route 213 intersection, Queen Annes County, Maryland' -- subject(s): Antiquities, Archaeological surveying 'Archeological survey at the intersection of interstate 95 and Maryland route 152, Harford County, Maryland'
What is a ILA land survey?
An ILA land survey, also known as an Improvement Location Certificate, is a type of survey that shows where improvements like buildings, fences, and driveways are located on a property. It typically does not show boundary lines or property corners. It is often used for real estate transactions to verify the location of improvements in relation to property boundaries.
How do you subdivide a part of your fathers estate property?
You would hire a surveyor to make a survey of the property and then subdivide it according to your plan. The survey can then be recorded in the land records and referenced on deeds.You would hire a surveyor to make a survey of the property and then subdivide it according to your plan. The survey can then be recorded in the land records and referenced on deeds.You would hire a surveyor to make a survey of the property and then subdivide it according to your plan. The survey can then be recorded in the land records and referenced on deeds.You would hire a surveyor to make a survey of the property and then subdivide it according to your plan. The survey can then be recorded in the land records and referenced on deeds.
What exactly is an Alta Survey?
An ALTA survey, short for American Land Title Association survey, is a detailed survey used in real estate transactions to identify property boundaries, improvements, easements, and other important property details. It is typically more comprehensive than a standard property survey and is often required by lenders or title insurers to ensure that the property is accurately represented.
Can you sell property without a survey?
In some cases, you can sell property without a survey, but it is generally recommended to have one done before listing the property. A survey can help verify property boundaries, locate easements or encroachments, and identify any issues that may affect the sale. Buyers may also request a survey as part of their due diligence.
What is a blue line survey?
A blue line survey is a survey to establish the property boundary. The property line that is drawn as a result of the survey is called the blue line. Another type OS survey that is sometimes done for finacing and many other reasons is an ALTA survey which not only establishes the boundary, but also researches and shows any easements or existing features on the property such as the building and other topographical features.
What can you do if a piece of property is less acreage than described in the deed?
That usually becomes an issue regarding assessment of property taxes. In that case, you need to have the parcel surveyed by a registered surveyor who will certify a survey and then you should record the survey in the land records. You should visit the tax assessor's office and show them the survey and ask how to have your property reclassified permanently.That usually becomes an issue regarding assessment of property taxes. In that case, you need to have the parcel surveyed by a registered surveyor who will certify a survey and then you should record the survey in the land records. You should visit the tax assessor's office and show them the survey and ask how to have your property reclassified permanently.That usually becomes an issue regarding assessment of property taxes. In that case, you need to have the parcel surveyed by a registered surveyor who will certify a survey and then you should record the survey in the land records. You should visit the tax assessor's office and show them the survey and ask how to have your property reclassified permanently.That usually becomes an issue regarding assessment of property taxes. In that case, you need to have the parcel surveyed by a registered surveyor who will certify a survey and then you should record the survey in the land records. You should visit the tax assessor's office and show them the survey and ask how to have your property reclassified permanently.
How much does a residential survey cost on long island ny?
The cost of a residential survey on Long Island, NY can vary depending on the size of the property, the complexity of the survey required, and the specific surveying company you choose. Generally, you can expect to pay anywhere from $500 to $2000 for a residential survey in this area. It's best to contact local surveying companies for accurate quotes.
What does 8 offset mean on a boundary survey survey?
An 8-foot offset on a boundary survey usually refers to a distance that lines are measured parallel to the boundary line or property line. This offset helps in accurately mapping out the boundaries of a property and determining the correct location of property lines.
