ALTA Surveys
NexGen provides a range of services to suit any land surveying need!
What is ALTA Survey?
ALTA survey is the set of standards given by The American land title association (ALTA) and National society of professional surveyors (NSPS) for doing land surveys. These points will be taken as references by title professionals and lenders. An ALTA land survey gives clarity on whether your title survey is comprehensive and contains all exception matters are reviewed and taken care of. This survey provides you with details like areas of improvement, easements and other facts that can impact ownership and how the property can be best used.
Process Involved for ALTA/ACSM Survey in Florida by Nexgen
An ALTA land survey aims to collect and record data from property records as well as physical surveying, to fulfill the needs of title companies during insurance dealings. There are many complex steps and processes required for an ALTA/ACSM survey. Knowing what to expect can help you during the process of land surveying. The first step in an ALTA survey is:
In-Depth Research into pubic and private land records.
A number of elements that are crucial to mitigating risks, such as encroachments and unrecorded easements, differentiate an ALTA land survey.
Secondly, Field Investigation:
Searchers look for original survey markers and boundary lines. This process can be difficult and time-consuming, depending on the features of the land.
Once the surveyors find the field evidence they need, they begin an analysis. The final survey must include a number of details about the land, such as building locations, access points, possible encroachments, fences, bodies of water, utility features, parking spaces, etc.
The surveyor uses a vast array of modern tools to collect and record this information. The surveyor will then create a plat/map of the survey with detailed notes. The title company, lender, and buyer will then review the final ALTA/ACSM survey documents, make comments as necessary, and send the survey back to the professional surveyor for a final signature and seal.
Frequently Asked Questions
You will receive a detailed land parcel map that highlights all possible improvements to the property, utilities available and other significant information within the insured property. You will also get findings from our licensed surveyors on your property boundary lines and see if they have any impact on the title.
Although doing an ALTA survey is not a compulsion but, in many cases, you may not convince your title insurer to provide the best coverage for risks. As this survey gives you detailed reports on many vital points of your property, it will be easier for you to get coverage from your title insurer.
The typical rate for an ALTA survey ranges from $2,000 to $3,000. It is an assessment according to the standards of the American Land Title Association and is one of the most extensive options.
The process may take one day or up to two weeks or more, depending on property size and access to the necessary information.