samedi 1 avril 2017

Do Home Buyers Need ALTA Land Title Surveys Tennessee Brokers Recommend

By Thomas White


A lot of home buyers want to find some place that has a little acreage so they are not right next to neighbors. Many of them believe they know where their property begins and ends. Reading and understanding legal descriptions can be difficult, and they may be almost impossible to follow especially if the property lines are irregular. Real estate buyers can purchase property according the legal description of record, or they can order one of the ALTA land title surveys Tennessee Brokers and lawyers suggest.

As a property owner you need to know exactly how much acreage you have and where the boundary lines are. This is one of the most common reasons to have a survey conducted. If you decide you want to erect fencing along your property lines, you have to know where they are. Without accurate information, you may accidentally encroach on your neighbor's property and have to pull expensive fencing out of the ground.

Property that was primarily agricultural often has old dirt roads and easements that can affect your ability to build just anywhere on the property. It is very common for utility easements to cross through a property. If the property behind yours is landlocked, there may be a recorded easement allowing access to that property by way of yours.

A survey will also show driveways, overhangs or other projections that might encroach on your neighbor's property. You could end up in a dispute with your neighbor if a tree falls in one of your yards, and there is a question about those property the tree is actually on. You will probably be responsible for the cost of removal and any repairs if it turns out that the tree belongs to you.

If the property you purchase is improved with buildings, wells, or mature timber, these assets belong to you, unless you and the seller come to some other agreement in writing. A surveyor will be able to tell if the improvements are in compliance with county codes.

There is very little property today that is not zoned in some way. You should know if the acreage you are purchasing is zoned residential or not, especially if you plan to build a house. If it is not, you need to find out what it is zoned for and what you can do to get an exception, if necessary. You might end up having to contact an experienced real estate attorney to persuade the zoning board.

If you plan to drive onto your property at some point, you need to be sure you have vehicular access. Purchasers who plan to build a commercial structure or apartment building will need to know whether or not the access is suitable for trucks, ambulances and parking.

A metes and bounds survey is your best protection if a dispute arises over property lines, easements, or encroachments. This is not where you want to economize when you are purchasing property.




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