Unlike the standard boundary survey, an ALTA land title survey adheres to a higher set of national standards set by the American Congress on Surveying and Mapping (ACSM) and agreed upon by the American Land Title Association (ALTA). This survey is performed for the title company, the lender, and the buyer during the sale of commercial property in conjunction with a title commitment, to show all easements and title issues for the property. LDP is very proficient with ALTA surveys, and we have in-depth knowledge of what the title company and real estate attorneys are looking for when closing on a property sale.
It is very common for insurance companies, title companies, and lenders to request an ALTA land title survey, especially in the event of a sale, refinancing or transfer of a parcel of commercial property. This survey shows more detail than other surveys, providing necessary information to approve the sale or transfer.
ALTA calls for specific data to be shown on this survey, including the following:
Other optional items on the survey may include the location of underground utilities and any underground structures, as well as height and square footage of buildings on the property.
At LDP, we utilize the latest surveying equipment and are able to access more than 100 years’ worth of records on file, allowing our crews to have the best information possible before ever leaving the office. This enables us to complete ALTA land title surveys in a shorter time frame than many of our competitors, and at a competitive price. For more information, contact LDP today.Contact Us