When you need to document varying information about your property, such as boundary lines and other important details, consider an ALTA survey. As a type of land assessment that provides specific data about the property location, this type of survey might be necessary to determine if a structure is in accordance with zoning laws or to purchase mortgage insurance. Here’s a more detailed look at everything you need to know about this property survey.
What Is an ALTA Survey?
Developed by the American Land Title Association, an ALTA survey provides data about a property, including the location of property lines and information regarding encroachments, easements, hidden assets, unrecorded liens, and unrecorded improvements. Adhering to very strict guidelines, this type of survey meets much more stringent requirements than the average land or boundary survey. The survey might even reveal zoning information, including the local flood zone designation. Though it might be an investment, this type of survey provides a level of detail that can be crucial to commercial property owners.
When Do You Need One?
Because commercial properties carry greater risks than their residential counterparts, ALTA surveys are most commonly used in the process of purchasing such property. This type of survey can make the buyers aware of potential issues, such as boundary line disputes or other information that might not be available in public records.
Even if you plan to purchase a vacant lot, you could benefit significantly from this type of survey. In general, such lots have never been surveyed. Or, if they were surveyed, it might have occurred years ago and no longer be considered accurate. If you plan to construct a new building or complete any other work on this lot, an ALTA survey can help you avoid potential legal issues and guarantee your rightful ownership.
If you need timely and dependable ALTA surveys completed on your property in Lincoln, NE, turn to the professionals at Allied Surveying & Mapping. With a longstanding reputation for high-quality service, this survey company used exceptional equipment and skills to research your property and uncover any necessary information. Serving the community since 1977, they offer a range of services, including construction staking, evaluation certificates, and more. To schedule your consultation, call them today at (402) 434-2686, or visit them online to learn more about their services.