It is often the case the title companies or lenders you work with will request an ALTA survey regarding a particular parcel of land. ALTA surveys tend to be much more detailed than typical boundary surveys included in residential surveying services, offering up more information than is normally included. If you want to cover all of your bases and ensure that you have the best legal protection available, we would highly recommend you hire our services to initiate an ALTA survey that can give you an edge in legal disputes or help you with future development projects.
What is an ALTA survey?
ALTA stands for “American Land Title Association” and is endorsed by another organization called the “National Society of Professional Surveyors”. These are gold standards when it comes to surveying services and are instantly recognizable by those who deal with these industries. An ALTA survey will include not only the boundaries of a parcel of land, but also the various man-made features and improvements that have been made on the property including utility lines, roads, easements, fences, and numerous other elements. These are amongst the most detailed surveys available to our clients and we recommend them highly.
Purchasing or selling commercial properties
Getting an ALTA survey done on a particular piece of property you want to buy or sell is highly recommended for people who desire more peace of mind when dealing with real estate markets. Due to lenders recognizing the greater risks pertaining to commercial properties, many insurance companies ask for an ALTA survey in order to proceed forwards with any refinancing or planned development projects. The risks are numerous when it involves commercial properties due to greater number or easements, utilities and possible encroachments. We highly recommend you get an ALTA survey if you plan on dealing with commercial properties.
Purchasing land that is unoccupied
Working on a newly purchased piece of property and completing an expensive project without fully grasping the history of that parcel of land can be very risky indeed. Through hiring the services of a professional land surveyor and initiating an ALTA survey, factors such as unknown conflicts of ownership and encumbrance issues can be understood in more detail, potentially saving you a lot of time and money had you completed a project unwittingly setting yourself up for failure because of unknown factors such as these.
More data = more protection
You don’t want to barrel headlong into a potentially ruinous situation because you didn’t have all of your bases covered. It doesn’t take a lot of time or energy to complete an in-depth ALTA survey compared to what you will spend in court with disputes. Recognizing the conflicts and problems that a piece of land brings with it is essential to maintaining your plans and potential projects, especially if you find out that maybe you don’t want to go forwards with something due to the inherent risks that a detailed ALTA survey can uncover. Don’t fall into that trap and get an ALTA survey today.