If you are getting ready to buy or sell a piece of property, there is a lot of prep work that goes into the sale before you can actually close the sale. If you hire a real estate lawyer, they will be able to better explain the work that needs to be done to prepare, but if you decide to do it on your own, you'll need to do some research to make sure all of the necessary preparations are made for the sale. One such detail you need to attend to is a land survey, and this article will explain what a land survey is, and why it's an important part of the transaction.
Right of Ways and Easements
When you have a land survey done, the surveyor will need to research a bit of history of the land. Normally, records are available at the local registrar of deeds office, and the surveyor will be able to determine if there are any right-of-ways or easements on record. These pertain to any utility companies that have filed easements in order to gain access to the land, or right-of-ways for neighboring property or municipalities to use the land for access to another piece of property or roadway. It is important to be aware of these before the sale goes through because easements and right-of-ways may come with restrictions on erecting a building where utility lines lay or in the area of the right-of-way path.
Encroachments and Boundary Lines
Land surveys show any encroachments on the property. An encroachment is when a building is built over the property line. Many times these happen when a homeowner builds an addition onto their home without checking their own property survey to determine where the boundary lines are. Homeowners may also erect fences or build garages or sheds too close to their property line or even over the property line of their neighbor. It's important to be aware of any encroachments before the sale of property, because trying to work out a solution to the issue may involve litigation. Many times the structure that encroaches the property can be moved, but larger structures can't be moved, so other considerations to a solution nee to be sought.
Liens and Judgments
A land surveyor will need to review the property history when they prepare the survey map, and any liens or judgments that may be attached to the property will come to light when the surveyor is doing their research. The closing won't be able to take place until any judgement or liens are paid in full. Talk to experts like Michael E. Rapier Surveying, Inc for more information.Share
6 March 2015
Do you know what to look for when it comes to finding a great team of professional contractors? I sure didn't until a few years ago, which was why I started focusing on doing everything I could to choose a team of experts that really understood what I was up against. I knew that the first step in making the construction process easy would be to work with great contractors, so I did everything I could to learn what I needed to in order to decide if they were right for my family and project. This blog is all about finding great contractors that can help you to streamline your project.