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Everything You Need To Know About ALTA Land Title Surveys

Construction & Contractors Blog

When you are buying a new piece of property, or if you are refinancing an existing mortgage on a piece of property, your lender will likely require an ALTA land title survey. Here's what you need to know.

What are surveys?

Surveys are the process of determining the boundaries of a piece of land. This can be done for both private and public land.

What are ALTA land title surveys?

An ALTA land title survey, sometimes called an ALTA/NSPS land title survey, is the acronym for a land survey from the American Land Title Association and is a comprehensive type of land survey.

An ALTA land title survey is a detailed map of a piece of property that includes the location of any structures or other features on the land, as well as the property boundaries. The survey is prepared by a licensed surveyor and is used to determine the legal boundaries of a piece of property.

Why are ALTA land title surveys important?

ALTA land title surveys are important because they provide an accurate and up-to-date record of a property's boundaries, structures, and other features. This information is essential for anyone who wants to buy, sell, or develop a piece of property.

How are ALTA land title surveys different from other types of surveys?

ALTA land title surveys are different from other types of surveys in several ways, including:

  • More detailed. They are much more detailed than most other types of surveys and include information such as the location of all structures on the property, as well as the property boundaries.
  • Licensed surveyor. ALTA land title surveys are prepared by licensed surveyors. In fact, in order to be valid, an ALTA land title survey must be prepared by a licensed surveyor.
  • Lender request. ALTA title land surveys are usually requested by lenders when a property is being sold or refinanced.

What are the benefits of ALTA title land surveys?

There are many benefits of ALTA title land surveys, including:

  • Accurate. ALTA land title surveys provide an accurate and up-to-date record of a property's boundaries, structures, and other features.
  • Peace of mind. When you have an ALTA land title survey, you can be confident that you know the exact boundaries of your property. This can give you peace of mind and avoid potential disputes with your neighbors.
  • Detailed information. As mentioned above, ALTA land title surveys are much more detailed than most other types of surveys.

All of this means that you will have a more complete picture of your property, which can be helpful if you ever want to make changes to it.

Contact a local company to learn more about ALTA surveys

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31 May 2022