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Updated over 10 years ago on . Most recent reply
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Survey and appraisal needed
- Jeffrey McKee
Most Popular Reply
Is this a commercial deal, raw land, a large parcel? The civil engineering firm route is a good way to go, as they either have surveyors in-house, or subcontract the same one/s for all their jobs.
Most of the deals that are contingent on a survey are larger commercial deals. Please note that there is a difference between a full blown "survey" & an Improvement Location Certificate (ILC). The "survey" includes the surveyor going through title work, easements, encumbrances, boundaries & the like and is a recorded document with the county. But also runs significantly more money, upwards of $1000 or more. And sometimes all you need to satisfy the contract requirement is an ILC. These are mostly done on SFR in established neighborhoods. An ILC will find the property corners and place any structures on a drawing for you with dimension lines & property lines. This helps to see if there is any glaring setback or encroachment issues. That being said, they are not recorded & do not hold in court, but are also reasonably priced, $250-500ish (prices vary from state to state & are very rough ballpark figures).
I like to explain it this way, think of an ILC as a 'land inspection'. An inspector can look at the house, tell you this & that could be fixed, but holds no liability. S/he just warns you of any obvious, serious problems. ILC's do that for your land.
Look into what you really need & that will determine your course of action going forward.
Hope that helps some.