Tuesday, September 11, 2018

4 Important Reasons to Perform an ALTA Route Survey




Whether working on a government project or a commercial development, a route survey is necessary to provide a utility, boundary, and topographic survey. Chris Nelson can provide an ALTA survey that is essential in determining different elements that impact the ownership of land such as: easements, rights-of-way, and property improvements. When looking for a surveyor, considering one who meets ALTA standards can help to catch many potentially costly issues.

Showcasing Possible Encroachments or Easements

Recorded easements will be plotted on an ALTA survey drawing. Additionally, an ALTA survey will show potential encroachments to avoid a property owner violating the rights of their neighbor by building over or on property that actually belongs to the neighbor. This can avoid costly legal battles down the road.

Removing Title Exceptions

The title insurer can place certain exceptions on a title insurance policy. These exceptions, such as encroachments, are in place to limit the liability of the title insurer. Since an ALTA survey showcases encroachments and other exceptions, the title insurer will remove the exceptions from the policy when an ALTA survey is processed.

Table A Items

These Table A items are additional items that can be included as part of an ALTA survey. These optional items can be ordered at the same time that the original survey is ordered. Having these items done at the same time as the boundary survey can potentially save money since the work will be taking place at the same time.

Consistent Standards

The professionals involved with any deal are going to be familiar with ALTA surveys. That is why having Chris Nelson provide an ALTA survey will provide a level of comfort and familiarity. The ALTA standards are uniform and nation-wide which make it straightforward for any title company to provide title insurance on the property.

Showcasing issues that can arise down the road with a universal set of standards are the prime reasons for ordering an ALTA route survey. Investing in Chris Nelson for an ALTA survey can be one of the most important investments taken with a property.