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Every project is unique, as are the different land survey types. Each type of surveying should<br>be carefully considered to ensure that you receive the correct information for your project to<br>succeed. As such, if you are pursuing a loan to purchase commercial property, ALTA<br>surveying Oklahoma is the right choice.<br>
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The Ultimate Guide to ALTA Surveying Oklahoma Every project is unique, as are the different land survey types. Each type of surveying should be carefully considered to ensure that you receive the correct information for your project to succeed. As such, if you are pursuing a loan to purchase commercial property, ALTA surveying Oklahoma is the right choice. What Is ALTA Surveying Oklahoma? An ALTA survey combines title, boundary, and location surveys to provide lenders with detailed information about a plot of land. A technician from a surveying company near me will use highly accurate technology to measure and record the land's boundaries and corners. The technician will also record specific features like zoning restrictions, easements, utilities, and other notable features. Why Not Just Get Boundary and Location Surveys Instead? Boundary and location surveys all provide excellent information about the land. However, lenders require a more in-depth level of information that ALTA surveys offer. The National Society for Professional Surveyors (NSPS) and the American Land and Title Association set specific standards and requirements for ALTA surveys, which lenders require. Boundary and location surveys do not meet all of these requirements, but they provide detailed information that may be helpful for other projects. For example, boundary surveys note the location of a property's precise boundaries. Location surveys are similar but also give information about the presence of any interior improvements. The Necessity of ALTA Surveying For Lenders ALTA surveying is an essential part of buying or selling commercial property. For a commercial property to be purchased or refinanced, lenders usually require an ALTA survey to ensure the transaction benefits everyone involved. ALTA surveys note essential information for lenders. For example, upon conducting research and the survey, a technician at a surveying company near me may find boundary discrepancies, encroachments, and easements present. These findings inform the lender of any potential problems impacting their decision to grant the loan.
How an ALTA Survey Can Benefit You: ALTA surveying Oklahoma is beneficial to you as a buyer. Before you purchase a plot of land, it is crucial to know every detail about the property before the transaction takes place. An ALTA survey provides the necessary information to make an informed decision. You know exactly what you are buying. Obtaining an ALTA survey is also beneficial if you are the seller in the transaction. The high accuracy and detailed information provided with your ALTA survey allows you to compare the information provided by potential buyers. Likewise, having the ALTA survey on record is recommended should any future disputes or other issues arise. The ALTA Surveying Process from Start to Finish A surveyor technician from a surveying company near me will go through multiple steps to obtain the ALTA survey for a commercial property. 1. Conducting In-Depth Research The surveyor technician will conduct in-depth research into the property. Technicians often search existing legal documentation and records for past surveys, deeds, and more. This information gives the surveyor background into the land and helps them compare results once the new survey is completed. 2. Going into the Field The surveyor technician will then go to the property and conduct the survey using specialized equipment. Depending on the size and terrain of the land, this step may take hours or days to complete. 3. Creating the Map Once the data has been collected in the field, the surveyor technician will review the findings to create a highly accurate and precise map of the land. The map must follow specific guidelines set forth by NSPS and ALTA. 4. Delivering the Survey Results The surveyor technician will then deliver the map and any other information to all necessary parties.
Quality Engineering and Land Planning Oklahoma Services ALTA surveying is just one of many services we provide at Sisemore & Associates. In addition to surveying, we hold experience in engineering and land planning Oklahoma to support the success of your project, whatever it may be. Please reach out to partner with us today.