ALTA surveys to be a type of boundary survey
Do you, like many others, think that every boundary survey is the same? Well, that’s not true. Let’s start with the primary land survey- it is a process by which most property owners, developers, or real estate buyers get information about a property. There are various kinds of details that one can reveal from this process:
Easement
Boundaries
Physical features
Mortgages
Potential Encumbrance
Although many types of surveys help evaluate land, the ALTA survey in Oklahoma is the most dependable one to pick. There are many regular surveys available, but this surveying type can help you understand more than just the border of a property. Keep scrolling to learn how ALTA is different from other types of surveys.
What Is a Regular Border Survey?
Have you ever fought with your neighbors for building their fence on your property? Some neighbors even dare to park their cars in another person’s place. Are you surprised to note that? Don’t be because it’s pretty common, but there is an easy solution- Boundary Survey. It is a process of pinning down the boundary of a property. These surveys are also helpful in finding out about the easement of land.
What Is ALTA Survey?
Now coming to the highlighting point of surveying ‘ALTA survey.’ It is also like a boundary survey- plus much more than that. There is a lot of additional information that you can get from this survey, like:
Real estate Transaction
Mortgage
Title Insurance
This type of survey must follow many specific requirements that the American Land Title Association and the National Society of Professional Surveyors put forward.
What Is the Main Difference Between Both?
The main difference between a boundary and an ALTA survey is that the latter is much more thorough than the others. It can show many improvements and risks about the land.
It is also more expensive than the regular boundary survey. The main reason is that more advanced techniques are necessary to meet all standards. The ALTA survey is for you if you need a comprehensive land evaluation.
Who Can Get this Survey?
A property owner can order an ALTA survey, and even the insurer or the buyer can request you to have one. In cases wherein someone asks for surveys from another party, that party must provide a written survey.
When Is It Mostly Used?
There are many different usages of an ALTA survey, but it is mainly crucial for commercial purposes. A lot of things can be the reason to get this survey like:
Buying an insurance policy
Acquiring in-depth information about the land
Selling the property
A reliable surveyor in Oklahoma has years of experience in this field and knows what requirements need fulfilment.
What are the ALTA Requirements?
One should address specific necessities to get ALTA survey support. Setting these requirements helps to keep all real estate transactions unbiased. Here are some of the key components that professional surveyors must prioritize:
Water Boundaries
Easements
Legal Routes to the Property
A Proper Legal Description of the Property
Flood Zones
Room for Improvements
The end report needs to be error-free, so many precise pieces of equipment are necessary and research occurs before evaluation.
Get Ready to Hire the Best
If you are looking for surveyors to get an ALTA survey service, you should contact Carroll Surveying and Mapping. We believe in providing the best precision work for our clients and have skilled surveyors on our team. You can learn all about what we do on our website.