06/26/2023
What is an ALTA Survey?
An ALTA Survey is a 2-dimensional representation and description of a piece of real estate inclusive of its features, boundaries, any improvements, easements, encroachments, and encumbrances. An ALTA Survey also indicates adjoining roadways, property access points, adjoining property information, and can include zoning classifications and flood zone designations.
Today’s real estate investors rely on the American Land Title Association’s and the National Society of Professional Surveyor’s Minimum Standard Detail Requirements for ALTA Surveys so that their ownership can be insured by title companies and consequently protected from any possible survey related claims. Because of the comprehensive nature of all that is reported, an ALTA Survey is the common tool that buyers, sellers, and service providers alike can use to be certain of the finer points of any commercial real estate transaction. ALTA Surveys remove mountains of guesswork and confusion from modern day commercial real estate transactions as they provide a good depiction of what is transpiring on the property.
Please contact us at www.nv5.com/real-estate-transaction-services to obtain a free, no-obligation quote.