ALTA/NSPS Land Title Survey
ALTA/NSPS Land Title Surveys are a necessary part of any commercial real estate transaction. At Lauster Land Survey, we can ensure that your ALTA/NSPS Land Title Survey is done accurately and promptly to keep your deals and projects on time and in place.
What is an ALTA/NSPS Land Title Survey?
An ALTA/NSPS Land Title Survey, also known as an American Land Title Association/National Society of Professional Surveyors Survey, is a specific type of survey that is used in commercial real estate transactions. It is a comprehensive survey that includes not only the property boundaries, but also includes information on any easements, rights-of-way, and any other encumbrances that may affect the property
Why is an ALTA/NSPS Land Title Survey Important?
An ALTA/NSPS Land Title Survey is an important tool for both buyers and sellers in a commercial real estate transaction. For buyers, it provides a detailed and accurate representation of the property, including any potential issues or encumbrances that may affect its value or use. For sellers, it can help to establish clear title to the property and provide potential buyers with the confidence they need to move forward with the purchase. Additionally, it is required by many lenders and title insurance companies as a condition of providing financing or insurance for the property.
Requirements and Standards for an ALTA/NSPS Land Title Survey
An ALTA/NSPS Land Title Survey must meet the standards set forth by the American Land Title Association and the National Society of Professional Surveyors. You can view these standards here. Additionally, the survey must be performed by a licensed and experienced professional land surveyor who is familiar with the specific requirements and standards of the ALTA/NSPS Land Title Survey.
An ALTA/NSPS Land Title Survey is an essential tool for commercial real estate transactions, providing buyers and sellers with a detailed and accurate representation of the property, its boundaries and any encumbrances. It is important to make sure that your survey is performed by a licensed and experienced professional land surveyor who is familiar with the specific requirements and standards. Here at Lauster Land Survey, we pride ourselves on our expertise and experience in providing high-quality ALTA/NSPS Land Title Surveys in Pinellas County, and the Greater Tampa Bay Area. Contact us today to learn more about how we can assist with your commercial real estate transaction.