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Why
do you need a survey?
If
You Are Selling Property
You
may have to provide your buyer with an up-to-date survey of your property
in order to:
- Give your
buyer confidence in the purchase
- Allow your
buyer to register the transaction at the land registry office
- Enable your
buyer to make mortgage arrangements
- Verify to
your buyer the size and extent of the property
- Avoid later
legal disputes arising from inadequate or inaccurate property descriptions
If
You Are Buying Property
You need to know what your getting. Only a survey plan made by
a licensed land surveyor can legally define what you've purchased.
Your
surveyor will undertake the necessary research, survey the property and
prepare a survey plan that will reveal:
- Whether other
people are entitled to partial use of your property through easements
for utilities or rights-of-way
- Whether fences,
trees, buildings, gardens, embankments, driveways, walkways, swimming
pools, house additions and other property improvements actually lay
on your property
- Whether your
deed describes your property accurately
Your
suvey thus gives you a form of protection in addition to clarifying what
you've bought, since it will reveal any encroachments or other irregularities
that might be the cause of later legal disputes. In addition, your surveyor
can mark the exact corners of your site with survey monuments.
If
no up-to-date survey exists for the property you wish to buy, you should
make a condition of purchase that one be provided for you.
Building,
Fencing or Adding On
You
need to protect your investment by making sure you are building on your
own property. A mislocated fence, driveway or carport can cause legal
problems and extra construction costs. Before you build, let a licensed
land suveyor determine your property boundaries, replacing missing stakes
if necessary. Allowing a surveyor to mark the location of your building
on site before construction begins will also ensure that you meet setback
requirements and other restrictions enforced by the Municipality in their
zoning By-Laws. Falure to comply with zoning By-Laws could result in the
loss of a future sale if the purchasers have an up-to-date survey done.
Mortgage lenders generally do not advance money until by-law infringements
are cleared up.
If
You Are Subdividing
A licensed
professional surveyor will:
- Check and ensure
extent of title, and note planning restrictions, easements and other
legalities
- Survey the site
- Engage other
consultants to carry out preliminary studies, Engineering, Planning
& Environmental issues to submit with draft plan
- Draft a proposed
plan of subdivision
- Prepare final
plans
Refinancing
or Obtaining a Mortgage
A mortgage company, whether it be a
bank, trust company or others, may require a survey before they will lend
the money. Why is this a necessity and why are you often asked for an
up-to-date survey?
Do
the lot size, building set backs, pool and fence locations meet with local
Zoning By-Laws?
The
mortgage company will require the survey to protect their investment.
They want to be sure that the land and buildings on which they are lending
money are as described in the documents which accompany the transaction.
They also wish to know that if they have to foreclose there will be no
problems in re-selling the property.
We
would be pleased to discuss your survey needs and to offer our services
to you. Please see our "online quote request"
form, or feel free to contact us with any questions
you may have.
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