Basics You Must Know About Boundary and ALTA Survey
There is a popular misconception that all types of land surveys are the same. All the survey shows the border of the property, right? No, that’s not true at all. Sometimes people need surveys that show more than just ensuring the border.
ALTA surveying is the type of survey which is required during property sales or insurance policies. If you get confused about which one is mandatory to fulfill your needs, then read this article to the end. If you live in OKC and need to do ALTA surveying, then contact experts and licensed surveyors.
What is a Border Survey?
The experts do the border survey to locate the boundaries of the property. This type of survey permits others to cross or use the land and mentions other important details. People do this kind of survey for basic purposes and it is also cheaper compared to ALTA surveying. It is required while getting permits for construction projects and it also creates a base for other types of surveys.
What is the ALTA Survey?
ALTA survey is a type of boundary survey which is required during title insurance, mortgage, and real estate transactions. The experts must follow a particular set of requirements set by the National Society of Professional Surveyors and the American Land Title Association.
What Things the Experts Must Mention in This Survey?
● Legal route for accessing the property
● Flood zones
● Evidence of cemeteries
● Water Boundaries
● Easements
● A legal description of the property
● Zoning setbacks
Who Can Order an ALTA Survey?
The landowner can order the ALTA survey. In addition to this, an insurance company can also order a police report and in that case, the landowner must give consent to this.
What is the Difference Between Boundary and ALTA Surveying?
Boundary Survey |
ALTA Survey |
---|---|
This type of survey is used for commercial and residential properties |
The experts do ALTA surveys for large commercial transactions. |
Mainly property owners order the experts to do this survey. |
Mainly title company or an attorney or a lender order to do this survey. |
It also can be used for improvement and construction projects. |
On the other hand, this type of survey helps the owner to secure title insurance. |
Calculate the property lines accurately. |
Assure the security of any specific project. As a result, the property owner obtains financing. |
Ensure Your Security
Whether you need an ALTA survey or just a basic boundary survey, you must hire a reliable surveying company to get an accurate result. To know more, contact us at Carroll Surveying and Mapping or call us to get a free quote online in OKC.