Purchasing a home or land is a big investment that requires a lot of research. People are often tempted to skip hiring a property surveyor to save a few dollars. However, getting a detailed property survey is crucial to finding important details about a house and its land. You might think you know everything about the property, but only a detailed survey conducted by a professional surveyor will give you a clear picture.
A property survey is conducted by a surveyor when you’re buying a home or constructing something. The surveyor begins by researching the land’s history and a title search to ensure that there’s no discrepancy in the land’s ownership. All the legal descriptions about the land are well researched. The surveyor also conducts fieldwork for sketching out the land, its boundaries, and other elements.
So, whether you’re buying a home or a plot of land, a property survey will exactly show the boundaries of the property, the lot size, and property description. Considering the amount and value of your investment, obtaining an up-to-date survey becomes essential. Before you make a final decision and skip this vital step, read the following reasons to protect your investment with a property survey.
Get accurate boundary line details.
Often disputes happen between neighbors over boundary lines. A property survey will help avoid any future dispute when building a fence, adding an extra room, or paving your driveway. It gives a property owner exact information about the boundary lines and other demarcations of possession. Boundary line disputes often cause serious issues with fences. To eliminate such fence disputes, a property survey will mark the boundary lines.
Many times, people invest in a property to divide it among family in the future or simply sell it for a profit. However, different countries and cities have their own regulations regarding subdividing. A property survey will find out any existing rules and regulations concerning dividing plans.
Know about zoning classification
Zoning classification is regulations that affect the features and usage of a property. The property may be zoned for residential or light industrial use. Therefore, a survey will let you know about any such restrictions on how you can use the property. It is an important consideration as breaching these zoning rules may result in penalties and legal actions from the government.
Find out underground cables & drains.
Do you it’s the right of utility companies to use a proportion of your land for line upkeep, even if this falls under your home. This means it is important to find out about underground water, electricity, gas pipes, telephone lines, drains, wires, or cables.
Easements & encumbrances
There are chances that your neighbor has the right to walk across your yard to the street. Thus, with a property survey, you get to know the easement on the survey map, which is missing from the deed. It will also let you know about encumbrances regarding any claims or liabilities about the title of the property.
Thus, a detailed property survey tells you about the property you’re potentially going to purchase and any dispute down the track. To make a wise decision, an experienced will guide you about the land or home you might buy.