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Ensure That Your Commercial Real Estate
Project can be Carried out as Envisioned




             www.smith-roberts.com
• Every buyer and lender should review the status of title and must
 execute a complete survey of the commercial property to be
 purchased, prior to making the decision to purchase.
• An ALTA survey incorporates both a thorough title search and a land
 survey.




                         www.smith-roberts.com
ALTA surveys are more formally known as ALTA/ACSM Land Title Surveys.
Please note the mention of two organizations:
1. American Land Title Association
2. American Congress on Surveying and Mapping




This reflects the double role of ALTA survey, from a title search (public records)
and physical survey standpoint.

                            www.smith-roberts.com
• The title search provides public record disclosures of everything that
 affects the property.
• However a “title search” is not sufficient. It may fail to identify a recorded
 document and may not include “unrecorded third party property rights”.




                           www.smith-roberts.com
An ALTA survey can uncover several unrecorded third party property
rights, errors and other conditions affecting the property such as
• Easements that may encumber or benefit the property
• Possible encroachments across boundary lines or easements
• Access to a public street or lack thereof
• Zoning of the property along with setback requirements
• Flood Zones that may affects the subject property
• Evidence of any use by other parties
• Location of any water boundaries on the subject property
• Evidence of cemeteries
• Names of adjoining property owners




                         www.smith-roberts.com
• ALTA surveys bring to light such important information – which can
 help to maximize project value.
• Smith-Roberts National Corporation is a nationwide land survey
 coordination firm that specializes in coordinating and producing
 ALTA Land Title Surveys.




                         www.smith-roberts.com
Smith-Roberts
      100 N.E. 5th Street
Oklahoma City, Oklahoma 73104
     Phone: 405 840-7094
     Fax:      405 516-2680
     Toll Free: 800 411-2010

Email: Info@smith-roberts.com




www.smith-roberts.com

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Ensure That Your Commercial Real Estate Project Can Be Carried Out as Envisioned

  • 1. Ensure That Your Commercial Real Estate Project can be Carried out as Envisioned www.smith-roberts.com
  • 2. • Every buyer and lender should review the status of title and must execute a complete survey of the commercial property to be purchased, prior to making the decision to purchase. • An ALTA survey incorporates both a thorough title search and a land survey. www.smith-roberts.com
  • 3. ALTA surveys are more formally known as ALTA/ACSM Land Title Surveys. Please note the mention of two organizations: 1. American Land Title Association 2. American Congress on Surveying and Mapping This reflects the double role of ALTA survey, from a title search (public records) and physical survey standpoint. www.smith-roberts.com
  • 4. • The title search provides public record disclosures of everything that affects the property. • However a “title search” is not sufficient. It may fail to identify a recorded document and may not include “unrecorded third party property rights”. www.smith-roberts.com
  • 5. An ALTA survey can uncover several unrecorded third party property rights, errors and other conditions affecting the property such as • Easements that may encumber or benefit the property • Possible encroachments across boundary lines or easements • Access to a public street or lack thereof • Zoning of the property along with setback requirements • Flood Zones that may affects the subject property • Evidence of any use by other parties • Location of any water boundaries on the subject property • Evidence of cemeteries • Names of adjoining property owners www.smith-roberts.com
  • 6. • ALTA surveys bring to light such important information – which can help to maximize project value. • Smith-Roberts National Corporation is a nationwide land survey coordination firm that specializes in coordinating and producing ALTA Land Title Surveys. www.smith-roberts.com
  • 7. Smith-Roberts 100 N.E. 5th Street Oklahoma City, Oklahoma 73104 Phone: 405 840-7094 Fax: 405 516-2680 Toll Free: 800 411-2010 Email: Info@smith-roberts.com www.smith-roberts.com