A land survey may seem unnecessary and tedious;
there are many cases in which you should have your land surveyed, to save misunderstanding
or legal troubles later. A registered land surveyor will research available papers concerning the land, including
titles and earlier surveys. The person will also need to physically measure the
property, inspecting these dimensions against the previous records to find any inconsistencies.
Here are some important reasons to think about when surveying a piece of land.
If the most recent survey is old
Utilizing an outdated survey to determine
boundaries puts you at a disadvantage. Newer measuring tools, like using GPS,
mean that newer surveys will be the more precise. Some regions, especially
rural land, have not been surveyed back from the nineteenth century, meaning
that in many cases neighbours may be accidentally encroached on each other’s
land.
Before buying a Land
You should always do a commercial or residential
land survey if you are purchasing a piece of real estate. Even though lots of
title insurance companies and mortgage companies do not need one, it is still a
good idea to have a survey done. You should be aware of any boundary
discrepancies. This could affect the value of your property prior to purchasing
it. Any disputes in boundary survey of
the property should be settled before you agree to acquire it, or you can be in
huge legal troubles.
Before selling the Land
When selling, this is particularly important
in areas where road and right to entry is questionable. Knowing the position
and status of roads on your land can help the realtor establish how marketable
the property is. Acreage and shoreline footage are two more selling points that
can be measured by a land survey. Of course there will be property survey cost, but it will be worth it. Some buyers might
put in an offer that is dependent on a survey; if you have the survey done from
beforehand, you can save time and boost the chances of selling your property
promptly.
It is important to look at every aspect of land. Cadastral survey, soil formation,
building foundation and many other things need to be taken into account before
buying or selling a land. It may seem a waste of time but is very helpful in the
long run when you have all the documents as proof, if any problem arises in
future.
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