American Land Title Association (ALTA) Surveys for Banks, Leading Institutions, and Title Companies

Information may not be reliable

Accredited land title surveys are recommended for builders and companies that are involved in constructing commercial property. The American Land Title Association (ALTA) survey is widely acceptable for commercial purposes because it follows a set of uniform and standard code depicting the way it must be conducted for construction purposes. Leading institutions, banks, and title companies are examples of clients requesting ALTA surveys from licensed and experienced land surveying firms in the city or state where the commercial structure will be built.

It is important to hire land surveyors who can meet all the survey standards set by authorized institutions like ALTA and the government. That way you can be sure that the results will be accurate and reliable. Lending institutions, banks, and title companies will need those results to make informed decisions regarding the commercial property that will be built. ALTA surveys are also known as ‘due diligence surveys’, as they are commissioned to provide information on zoning laws, height requirements, and setback requirements of the proposed property.

Reputable ALTA surveying companies use proven methods and equipment to ensure high-quality and accurate results, while complying with the guidelines set by ALTA and your city or state. ALTA surveys are accepted by insurance companies, too, as long as, they are produced as documentation proofs or for security, claims, and other relevant purposes. These surveys can aid lenders and purchasers as they evaluate the property and the land for potential problems. Likewise, the survey can reveal the benefits of owning that property.

There are many applications for ALTA surveys. They provide information on property easements and boundaries, and they may offer additional suggestions for improving the land, such as rights of ways, roads, trails, and fences. A survey may reveal other critical information on the commercial property that may determine or affect its ownership. Likewise, it may reveal data, which may require further investigation to rule out the possibility of property adverse rights. An ALTA survey may show easements, improvements, encumbrances, ownership areas, boundaries, and other important aspects that may affect land ownership, too.

ALTA surveys may be more costly than conventional land surveys for contouring and mapping properties. However, their results will be valuable and worth spending for in the long run, especially when you are trying to secure a loan and the right insurance for your property.

About the Author:

Armando Dupont, a professional land surveyor, started his career in surveying in 1977 and has extensive experience in managing personnel and projects. His experience includes: topographic mapping, boundary surveys and analysis, construction and control surveying, preparation of tract and parcel maps, earth work calculation and quantities, targeting and control for photogrammetric, and land title surveys in accordance with the American Land Title Association and the American Congress on Surveying and Mapping. Mr. DuPont founded Calvada Surveying, Inc. in 1989 and is a licensed Professional Land Surveyor in the State of California.