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Orders the Survey in A Real Estate Transaction

Who Orders the Survey in A Real Estate Transaction?

Posted on February 1, 2023April 1, 2023 by James Borgen

Land surveying is an ancient practice that dates back at least to 1,400 BC, when the ancient Egyptians used land surveying for the taxation of land plots. This data is essential for any property transaction since it helps to protect both the buyer and the seller from any possible disputes about the boundaries and features of the property. A surveyor can also identify any potential problems that may exist, such as encroachments or zoning restrictions, which can have a significant impact on the value of the property.

Orders the Survey in A Real Estate Transaction

In a real estate transaction, ordering a survey is an important step to ensure the safety of your purchase. A land surveyor will provide you with valuable information about the boundaries and features of the property, such as its contours, improvements on site, and any encroachments that may exist upon it. 

The cost of a land survey typically ranges from $400 – $1,200, with an average price of $600. This information is essential to avoid any discrepancies or disputes down the road, as the surveyor can provide an accurate map of the property, which can be used as evidence should a dispute arise. Additionally, the surveyor can identify any potential safety issues that may exist on the property, such as underground utilities or potential flooding.

The surveyor will create an accurate map of the property and its boundaries, and provide you with a copy of this survey. This information can prove invaluable in determining your rights and responsibilities as an owner, ensuring that you have a clear picture of what is included in the transaction and avoiding potential disputes down the road. By ordering a land survey before closing on your purchase, you can rest assured that your interests are protected.

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