Land Survey: Importance in Real Estate
This article discusses the importance of land survey in real estate. Learn how to approach research, how to determine value and how to ensure accuracy. Get up to date with the critical aspects of land survey today.
What is a Land Survey?
A land survey is an essential tool used by professional surveyors to measure, map, and calculate the dimensions and boundaries of land in a given area. This systematic process typically involves light surveying with small instruments like a steel rod, or other modern equipment such as GPS or GIS (geographic information system). The process usually involves gathering information such as the heights, slopes, distances, and directions of the areas being surveyed.
Importance of Land Survey in Real Estate
Land survey is critical for any real estate transaction. It is beneficial to both the buyer and the seller so that they can have an accurate understanding of the properties that are being exchanged. With a land survey, the boundaries of the property are mapped accurately, any encroachments (if any) are detected and thus the boundaries are clearly recorded for future reference.
A land survey is also critical for providing important information on land titles for real estate ownership. This information is often critical when it comes to establishing legal boundaries to transfer the ownership. It also helps to protect a buyer's interest in case of future boundary disputes, or if there are title issues that arise.
In addition to helping with providing information for land titles, land survey is also important in determining and examining the layout of the land. A qualified surveyor knows exactly how to measure, calculate, and examine the land for any problems/concerns that may exist.
Conclusion
In conclusion, land survey is an essential part of any real estate transaction. It can provide accurate data and information regarding the titles and boundaries of the property being exchanged. The right surveyor can also examine the land with precision for any issues that may exist. So, it is highly recommendable to get the services of a qualified surveyor before you buy or sell an estate.