A title survey is a specialized type of land survey that focuses on establishing the legal boundaries and ownership of a property. It is an essential tool in real estate transactions, helping clarify property rights and preventing disputes over land ownership.
The main purpose of a title survey is to provide a clear and accurate depiction of a property’s boundaries as they relate to the legal descriptions included in deeds and other documents. This is critical for buyers, sellers, and lenders, as it helps identify any potential issues that could affect the value or usability of the property.
A title survey usually includes several key components, including property boundaries, easements, encroachments, and rights-of-way. It also looks at the existing structures and improvements on the property to ensure they are within the legal boundaries of the property. By identifying any discrepancies between the physical layout of the property and its legal description, a title survey can reveal issues, such as unrecorded easements or boundary disputes. This information is essential for ensuring clear title transfer and avoiding future legal complications.
Title surveys are often used in conjunction with title insurance, which protects buyers and lenders from losses due to defects in the title. The survey provides the necessary details insurers need to assess risks and determine coverage.
If you need to purchase a title survey or would like more information about what these surveys include, reach out to us at Meridian Geomatics LLC today.