An Alta Survey is a highly detailed land survey that combines elements of boundary, title, and location surveys. It adheres to specific standards established by the American Land Title Association (ALTA) and the National Society of Professional Surveyors (NSPS). It's primarily used in commercial real estate transactions to provide title companies and lenders with comprehensive information about the property.
Key aspects and components of an ALTA Survey include:
Boundary Survey: Establishing the property lines and corners based on the deed and recorded plats.
Title Search: Examining public records to identify easements, encumbrances, and other matters affecting the property's ownership.
Location Survey: Showing the location of improvements (buildings, fences, etc.) on the property in relation to the boundary lines.
Easements and Rights-of-Way: Identifying and depicting all visible and recorded easements and rights-of-way affecting the property.
Encroachments: Showing any encroachments (e.g., a building extending beyond the property line).
Access: Verifying and depicting legal access to a public right-of-way.
Utilities: Locating and identifying above-ground and visible utilities (e.g., power lines, manholes).
Table A Items: A list of optional survey features and information that can be included in the survey if requested by the client. These are listed in Table A of the ALTA/NSPS standards.
The purpose of an ALTA Survey is to provide a clear and comprehensive picture of the property's physical condition and legal status, allowing all parties involved in the transaction to assess potential risks and make informed decisions.
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