Are you looking to invest in a piece of land? If you are planning to purchase or develop a piece of property, you may need to get an ALTA land survey.
This type of survey is comprehensive and provides a lot of information about the land. However, before you hire a land surveyor, there are a few things you should know. So, read more to learn all about this survey!
What Is an ALTA Land Survey?
This survey is a type of land surveying about a piece of land. It is used to determine property boundaries, easements, rights-of-way, and other important information.
It is conducted by a licensed land surveyor who follows strict standards set forth by certain governing bodies. This includes the American Land Title Association (ALTA) and the National Society of Professional Surveyors (NSPS).
When Is It Required?
The conduct of these is often required when a property is being sold, refinanced, or developed. They provide more detailed information than a standard boundary survey.
Also, they can help identify potential issues or encroachments that could affect the property. Lenders and title companies often need an ALTA survey before they approve financing.
What Does It Include?
This often includes a lot of information from the ALTA Table A items list. It also includes items such as boundaries, easements, rights-of-way, encroachments, zoning classifications, and building setbacks.
The surveyor will also note any improvements on the property, such as buildings, fences, or utilities. The survey may also include a location map, a topographic map, and aerial photographs.
How Long Does It Take?
The time it takes to complete this survey can vary depending on the size and complexity of the property. A small piece of land with few improvements may only take a few days.
But, if it is a large piece of land with many different buildings and easements, then it could take several weeks. It’s important to discuss the timeline with the land surveyor before hiring them.
How Much Does It Cost?
The cost of this type of land survey can vary depending on a variety of factors. This includes the size and complexity of the property, the location, and the experience of the land surveyor.
It’s important to get a written estimate from the surveyor before hiring them. The cost of the survey may be negotiable, especially if the property owner is paying for it rather than a lender or title company.
How Do I Find a Qualified Land Surveyor?
When looking for a land surveyor, it’s important to find someone who is licensed and experienced in conducting this specific kind of survey. You can ask for referrals from your real estate agent, attorney, or lender.
You can also check with your state’s licensing board to make sure the surveyor is in good standing. Be sure to ask for references and look at the surveyor’s previous work.
Learning All About an ALTA Land Survey
Getting an ALTA land survey is an important part of purchasing or developing a piece of property. It provides detailed information about the land that can help prevent future disputes or issues.
Before hiring a land surveyor, it’s important to understand what an ALTA survey includes, how long it takes, and how much it costs. So make sure you do your research and find a qualified surveyor.
In doing so, you can ensure that you have the information you need to make informed decisions about your property.
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