Aug
15
2011

Property Surveys

The property survey describes and indicates the boundaries of the property as well as other physical features. Every property owner should obtain a property survey before investing in land and before developing to prevent problems that could possibly arise from incorrect assumptions. Individuals regularly become involved in a dispute when a neighbour decides to build on or close to a property line. If the property owner crosses the line, this can lead to a dispute that results in multiple lawsuits. Disagreements have often occurred from fences that crossed property boundaries, buildings, houses, trees, livestock, and others. Whenever the property changes ownership, a survey should be carried out.

Some mortgage lenders will need potential owners to carry out a property survey prior to receiving a loan from the bank. Insurance companies might also require a land survey. The property survey is usually required regardless of whether or not there was one carried out previously.

Upgrades and Renovations

Owners tend to acquire property surveys before any renovations or property upgrades that may occur. For instance, the property owner might want to add a secondary driveway, an addition to their home, or maybe a swimming pool. A property survey will verify the boundaries and indicate where the easements are located, in addition to, public utility lines, telephone lines, sewage or gas pipes. Individuals who do not use a property survey, may rupture a line, if this happens, not only will the proprietor have a hazardous and inconvenient interruption of service, but they are going to also incur the costly repair bills too. This is an avoidable expense. Those who develop on the wrong property may well incur the cost of building the property and furthermore tearing it down.

Property Disputes

Regrettably, disputes over boundary lines between neighbours are common. Crossing a boundary line is often known as “encroachment” in most cases. These cases may be decided in court. Court fees add to the expense of building and “knocking down” a building that violates property lines. Land surveys will help owners prevent these situations. Detailed property surveys are required to resolve property disputes.

There are two kinds of residential property surveys:

House Location or “Drive-By” Survey: This survey is the most basic and least costly survey available. This type of survey will indicate the location of the residence, as well as, other structures located on the residence. This type of survey is usually suitable for mortgage lenders and land transfers.

Detailed Survey: This sort of survey consists of a detailed description of the property as a result of the use of accurate measuring. The property survey will mark the boundaries of the property with metal or wooden stakes. Property surveyors often refer to previous records to establish the original boundaries of the property. These kinds of surveys are normally more costly. However, they are good for disputes and other legal matters. A thorough survey will save the owner incredible amounts of time and energy.

An authorised specialist should be hired to carry out a property survey. Property surveys carried out by people who are not licensed won’t be regarded as credible in a court of law. Disputes will not be resolved with a survey that is carried out by a non-professional.

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