Smith-Roberts National Corp. ( http://www.smith-roberts.com ) is a nationwide ALTA Land Survey coordinator and the originator of the DesignReady Survey® that specializes in coordinating and reviewing Land Title Surveys for multi-site, multi-state real estate transactions.
www.smith-roberts.com
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Importance of Boundary Surveys
1. The Importance of Boundary Survey
Real Estate is one of the largest investments made by an individual or business. Knowing
everything about the property is the first due diligence steps taken by smart investors. This
enables them to make informed decisions and avoid surprises later on. The boundary survey
holistically determines the legality and integrity of the parcel of land which a property lies upon
or is simply the land itself.
It is important that an experienced land surveyor who is licensed to survey in that particular state
is chosen.
1. A boundary survey depicts the exact boundary of what you are buying or selling.
2. A boundary survey shows easements for utilities such as water, sewer, power lines, etc.
on the property.
3. A boundary survey identifies any encroachments such as driveways, fences or
buildings on the property
4. Boundary surveys can identify possible boundary disputes
5. Boundary surveys can also help when dividing the parcel of land
6. During improvements or expanding existing building structures, a boundary survey can
be helpful to ensure that the construction or improvements are done on the correct area of
land.
A boundary survey meets the standards of the regulatory industry of an individual state, whereas
the ALTA/ACSM is comprehensively recognized across the entire nation. For more information
in the difference please read our earlier article titled “ALTA Survey vs Boundary Survey”
The process of the boundary survey begins with the research and due diligence of municipal,
2. local, county and state documentation records. This pre-survey research may also include history
of adjoining lands. These documents may provide clues or gain insights into potential conflict
areas where they need to pay attention. The next plan of action incorporates the physical ground
survey.
In many cases, large commercial real estate transactions may span several states and include
multiple property sites such as corporate mergers and acquisitions. This makes it very difficult
for the buyer or lender to complete this process themselves. In such case clients hire Smith
Roberts National Corporation to manage and coordinate the entire ALTA Survey process (also
known as Land Title Surveys). Please read this article on advantages of Hiring a National ALTA
Survey Coordinator for Commercial Real Estate Transactions.