Unlike the standard boundary survey, an ALTA/ACSM land title survey adheres to a higher set of national standards set by the American Congress on Surveying and Mapping (ACSM) and agreed upon by the American Land Title Association (ALTA). This survey is performed for the title company the lender and the buyer during the sale of commercial property in conjunction with a title commitment, to show all easements and title issues for the property. With more than 50 years of experience, Georgia Land Surveying has completed hundreds of ALTA surveys, and we have an intricate knowledge of what the title company and real estate attorneys are looking for when closing on a property sale.
WHY YOU MIGHT NEED AN ALTA/ACSM LAND TITLE SURVEY
It is very common for insurance companies, title companies and lenders to request an ALTA/ACSM land title survey, especially in the event of a sale, refinancing or transfer of a parcel of commercial property. This survey shows more detail than other surveys, providing necessary information to approve the sale or transfer.
WHAT AN ALTA/ACSM SURVEY ENTAILS
ALTA calls for specific data to be shown on this survey, including the following:
- Boundary lines
- Location of the main building, including any improvements
- Location of ancillary buildings
- The identification of easements (i.e., access rights by service companies such as water, gas, telephone, railways and other utilities
- Exceptions to the insurance are also plotted on the survey (To see an example of an exception, click here.
Other optional items on the survey may include the location of underground utilities and any underground structures, as well as height and square footage of buildings on the property. The minimum standard requirements for ALTA/ACSM surveys, as well as optional items, can be downloaded by clicking here.
At Georgia Land Surveying Company, we utilize the latest surveying equipment and are able to access more than 100 years’ worth of records on file, allowing our crews to have the best information possible before ever leaving the office. This enables us to complete ALTA/ACSM land title surveys in a shorter time frame than many of our competitors, and at a competitive price. For more information, contact Georgia Land Surveying today.
