Definition
A survey, or land survey, is a professional drawing of a property's boundaries and features. It's often required by lenders to ensure the property is accurately represented.
Understanding the Role of a Survey
A survey appears during the home buying process when lenders need to confirm property boundaries. It helps ensure the land you're buying matches the legal description. In simple terms, surveyors measure and map the property to verify its size and features. Example: If a property is listed as 10,000 square feet, a survey confirms this measurement. Surveys can prevent future disputes with neighbors over boundary lines. It's not about assessing the home's condition or market value. Instead, it focuses solely on land and boundary details. This step provides clarity and peace of mind in your property purchase.
