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What You Need to Know About Boundary Surveys
A boundary survey is an important step to take when purchasing or developing a piece of land. It helps to identify the exact boundaries of the property in question, as well as any encroachments or disputes that may exist. By having a boundary survey completed, you can ensure that you know exactly what you are buying and that any potential conflicts are resolved.
Why Do You Need a Boundary Survey?
Having a boundary survey conducted is essential when buying or selling any type of real estate. It helps to define the exact boundaries of the property and can help to resolve any potential disputes between neighbors. It is also useful when developing the land, as it can help to define the exact area of the property that will be used for the development project.
What Does a Boundary Survey Include?
A boundary survey typically includes the following elements:
- Measuring and marking the boundaries of the property.
- Mapping the boundaries of the property.
- Identification of any encroachments or disputes that may exist.
- Identification of any easements or rights of way that may exist.
- Identification of any improvements or structures on the property.
Who Can Conduct a Boundary Survey?
A boundary survey should be conducted by a licensed surveyor who is familiar with local laws and regulations. The surveyor should be able to provide accurate and reliable measurements of the boundaries of the property, as well as identify any encroachments or disputes that may exist.
How Much Does a Boundary Survey Cost?
The cost of a boundary survey can vary depending on the size of the property and the complexity of the survey. Generally, the cost of a boundary survey can range from a few hundred to several thousand dollars. Additionally, the cost of resolving any disputes or encroachments that are identified during the survey may also be included in the total cost.
Conclusion
A boundary survey is an important step to take when purchasing or developing a piece of land. It helps to identify the exact boundaries of the property in question, as well as any encroachments or disputes that may exist. By having a boundary survey completed, you can ensure that you know exactly what you are buying and that any potential conflicts are resolved.
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