If you’re contemplating a commercial real estate transaction, you may want to think about an ALTA survey. This is a land survey type approved by the American Land Title Association and the National Society of Professional Surveyors. Here is a basic primer of what an ALTA survey entails.
Who Can Prepare This Survey?
Only a licensed surveyor has the qualifications to perform this survey and prepare the documentation. Licensed surveyors out of Washington have the training and equipment to conduct commercial and residential surveys as set forth by regulating bodies.
What Does the Survey Include?
The surveyor will outline data and stats regarding the property boundaries, including the listing of key geographical features. Important facts like the location of the utility lines are listed in detail. It also includes any easements and reports where future easements might hinder possible expansion. You will receive the documents outlining the results. Documents may be available in both paper and digital formats.
When Do I Need This Kind of Survey?
For certain real estate purchases, this survey may be mandatory by law. Lenders in commercial real estate transactions may request this survey before approving the loan. Title companies may also request this survey. It’s all a part of the title insurance process.
Do You Need an ALTA Survey in Seattle?
True Point Surveying is a local surveying company providing a diverse range of surveying work. Some of our services include boundary and construction surveys, as well as engineering drafting. Leave it to us to perform the necessary surveying task and provide you with professionally prepared documents. Contact us today for a consultation or to set up an appointment.
Accurate and Timely ALTA Surveys for Seattle Real Estate Work
Serving Pierce, King & Thurston Counties, including Puyallup, Tacoma, Kent, Bonney Lake, Federal Way, Seattle, Bellevue, Waller, Fife, Edgewood, Sumner & Parkland