Survey
A property survey defines boundaries, structures, and easements. Learn why surveys protect buyers and lenders from boundary disputes.
Definition
A survey is a precise measurement and mapping of a property’s boundaries, structures, and features conducted by a licensed surveyor. Surveys identify property lines, encroachments, easements, and rights of way. Survey reports may include metes and bounds descriptions, lot dimensions, and diagrams. Lenders or title companies often require surveys for new construction or when property lines are unclear. Buyers benefit from surveys by confirming property boundaries, avoiding disputes with neighbors, and ensuring structures comply with zoning setbacks.
Why It Matters
Survey often affects pricing, lending, title, zoning, or escrow procedures. Sellers benefit from understanding it to set clear expectations, while buyers gain confidence in budgeting and due diligence.
Examples
Example 1: A seller references survey in the listing notes or disclosures.
Example 2: A buyer checks survey alongside comps, loan terms, or HOA documents before making an offer.
Example 3: Escrow or title ensures survey compliance before recording the transaction.
Tips
Ask how survey might influence financing, contracts, or title.
Document related issues clearly to prevent disputes.
Use a flat fee multiple listingto cut costs and still gain MLS exposure.
Additional Context
Survey is frequently connected to other real estate steps such as financing, zoning approvals, appraisals, and contract contingencies. Surfacing these issues early and documenting them in writing helps keep both sides aligned.
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