How Important IS REALLY A Land Survey When Investing in a Home?
When purchasing a real estate, most mortgage lenders will require that you have a Montgomery land survey so that you can acquire the money that's needed to purchase the house. A land survey may be the licensed individual that prepares the survey for the house. This survey serves as a legal depiction of the house in a graphical format, and lets you see each one of the features of the house from the top-down perspective.
There are various types of surveys that show improvements to the land, including the home and garage, in addition to the size of the lot or land where in fact the home is located. If there are any uneven boundaries or variances, they are stated in the Montgomery survey. While preparing the survey, the individual performing the check will pour over court papers and records, taking legal documents into consideration including deeds and land documents from the county recorder's office. The survey will also include property measurements.
Legal Aspects - When there are property disputes between two parties, a survey is essential to find out where your land ends and the land of a neighbor begins. As the buyer, you may use a survey to easily address items owned by adjoining home owners which may be interfering in your own property. The survey in Montgomery may be used as court evidence in boundary and property disputes.
The survey is essential from a legal standpoint since it can help you determine if you're legally allowed to add features to your property once it has been purchased. For example, a big item such as a pool can in fact infringe on the property of a neighbor assuming you have uneven property lines. In the event that you create a structure that crosses the house line of your neighbor then you are exposing you to ultimately a potential lawsuit and the expenses of having to move that - or pay to leave them there.
Restrictions - Some areas also have restriction that can impact the property you'd like to buy. Zoning restrictions come in spot to keep areas uniform and developed within specific ordinances. Violating a zoning restriction can lead to heavy penalties in addition to legal action from local authorities. A survey in Montgomery would list all the potential issues that can arise from zoning once the final data is compiled.
Helpful hints are imposed by local authorities or the developer of a property about how structures on that property could be built - a garage for instance. The average person performing the land survey will be able to examine records on the property associated with building restriction and can determine if you're buying a property that's subject to restrictions of the kind and if it's currently in violation of any restrictions. The most typical restriction is the setback or what lengths the home is from leading and sides of the lot. In some cases, though not all, you can apply to have restrictions waved before purchasing property.