A property survey allows you to discover hidden details of a property. The survey can reveal the following information about a property: the property’s legal description, improvements or additions to the property, utility easements or right of ways, property boundaries, and encroachments or restrictions that may not be apparent.  Knowing this information, you can avoid or mitigate issues the property may have before it’s purchased. You would be unhappy if you purchased a property to later find out the garage actually is apart of your neighbor’s property. It can happen when a survey is not reviewed prior to closing. 

Stated below are some practical and useful benefits of getting a house survey done prior to making a purchase:

Determining the Property Exists and Improvements

A survey will determine that the property you intend to buy exists. This becomes important when purchasing a property sight unseen.  A buyer will need to know the legal description, the property size, and whether or not the purchase includes the correct lot or lots.  Also, the survey will show all improvements such as additions, fences, walls, pools, and utility easements.  Sometimes, a buyer will discover a property shares a common driveway or a neighbor’s fence is encroaching on the property. Any future improvements after the purchase of the property will require a new survey when the property is sold

For Legal Purposes

 Any divergences in the dimension of the lot, construction and periphery lines could result in an inaccurate deed, legal disputes and tax assessment issues.A house survey is an indispensable tool for getting to the bottom of legal clashes with neighbors and other entities regarding property boundaries. It clearly identifies where the property you are planning to buy ends. Furthermore, it is also used to guard you from impending lawsuits that may take place for any added structure you plan to build in the future. Once again, a property survey can either resolve or mitigate property related issues and should be carefully reviewed prior to purchasing a property.

Identifying Zoning Restrictions

A property survey allows you to note any restrictions and zoning limitations that are relevant to the property that you are anticipating to buy. Basically, zoning limitations are a set of laws that have an effect on the features and handling of a property. Violation of these zoning rules may up shot consequences such as penalties and legal actions from the government.

Learning About Your Property Rights

A property survey can spot common items exploited by neighboring properties, such as a common pathway, driveway or conceivably a utility easement. The inspector will find out the amount of common elements existing on the property, so that you can appraise its affect on the house that you hope to buy. Furthermore, this survey information permits you to determine the taxable liability and who maintains these common regions.

Conducting a property survey is indeed a crucial part of the procurement procedure. Neglecting this practice can lead to stressful situations that could have been avoided. Typically a survey is a smart investment that will possibly save you time, effort and money in the long run.

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