There are many steps that need to be taken when making the decision to purchase a home. After all of the searching for a home, submitting offers, negotiations, dealing with contests, and conducting home inspections, it may finally be the closing day. But, before the deal is sealed, you may be required to have a survey of the property done. A survey is simply a sketch of the property that details the boundary lines, buildings, and potential encroachments onto the property. A survey can contain certain details such as the location of the home on the property, the flood zone, if necessary, and where any utilities may be located. This document is important because it provides legal confirmation of what the buyer believes they are purchasing.
In addition, surveys may be of assistance to the homeowner in the future. For example, if the buyer eventually wants to put an addition on the home, they will have to make sure the construction does not exceed the property lines. On the other hand, if a neighbor makes the decision to make changes to their home or property, a survey can ensure that the construction does not encroach upon your land. Surveys are often cited in civil disputes that turn legal.
Some people may wonder whether it is worth it to hire someone to survey the property. In certain situations, the homeowner actually has to have a survey done. However, if the previous homeowner had a survey done of the property recently and no changes have been made, the new homeowner may not be required to obtain a new one. If you have questions about getting a survey, speak with an experienced real estate attorney today.
If you require experienced legal representation for any of your real estate, bankruptcy or family law matters, contact the Mark Scollar Law Office today to schedule a consultation.