ALTA Survey Coordination

Posts Tagged ‘Insurance’

To some, boundary surveys suggest they are set to lose a section of their property but this is not the case. A boundary survey is carried out to determine and define property lines and is an important procedure for anyone buying a property of any type. This is because it can let the purchased know if they is any easement or encroachment on the property.

Many people mistakenly believe that a boundary survey is the same as a mortgage inspection but this is not the case. A mortgage inspection is subjective and they essentially check that whatever is said to be there, is actually there – this could potentially be very damaging and costly for the purchaser hence if you have professional documentation based on the boundary survey, you will be in a secure position moving forward.

Another common error is that some people believe a clear title indicates the owner can legally sell the property. Again, the purchaser is not guaranteed that the land, buildings, and so forth are accurate. The title insurance policies do not offer the needed protection for the buyer that might be discovered in a full boundary survey.

When carrying out a boundary survey, the surveyor will examine historical records relating to the property being purchased as well as taking a look at surrounding properties. In addition to this, they will also research historical associations and the registry of probate, as the more evidence the purchaser has of the boundaries, the better.

The cost of a boundary survey, in addition to other costs incurred when buying a property, often puts people off from having one carried out. In some cases though they do not realise a mistake further down the process could be most costly. The price of a survey is determined by a number of factors including location, size and even the season. At this stage it would not be uncommon to obtain an estimate – though note if any discrepancies are uncovered by the surveyor the estimate will rise based on additional work required.

When completed the survey will show a plan of the property, a written description, notes of any monuments on property corners and how certain factors were used to specify the boundaries. It is possible that the purchaser and surveyor made previous arrangements as to how the boundaries are marked – this could be in the form of trees, pipes or similar. Each of these will indicate the license number of the surveyor.

Despite being an additional expenditure at the start of the buying process, it can often save you money further down the line. If ignored now, and a new neighbour was to move in next door who queries as to why part of your property goes over to what they believe the boundary to be – a new problem can arise which would be more costly to rectify that the initial survey. As such, if there is any doubt regarding boundaries, a survey should always be carried out.

About the Author:
Sitechnics are a land survey company whom practice in boundary surveys, measured building surveys and topographic surveys. Get a totally unique version of this article from our article submission service

When searching for insurance for a building, one of the keys is to get enough cover! Getting too much cover could result in wasted resources, while getting too little cover could result in high out-of-pocket expenses.

So the key is to get the precise amount of cover that you need. Here are useful 6 tips:

1. Learn what exclusions of different policies.
Keep in mind that there are often various exclusions for different home owners insurance policies. That can include specific events, such as earthquakes, flooding, and so on. The time to learn about these possible exclusions is before taking out a policy, rather than afterwards. You certainly don’t want to learn that your policy didn’t cover certain natural disasters, after your home has been devastated.

2. Determine if a policy includes contents.
Some Britons make the mistake of assuming that building insurance includes the contents of their homes. While that’s true of some companies, most of them require separate contents cover to cover any objects within the walls of the home. So when comparing different insurers, verify exactly what their policies cover.

3. Avoid getting cover for your home’s market value.
Here’s why. If your home is devastated by incidents such as vandalism or fire, you’ll need to demolish your home and then construct a new one. These costs are typically less than home’s market value, since you’ve already purchased the land. So keep this in mind, in order to avoid taking out more cover than you actually need.

4. Inform your insurer of any major improvements that you make.
After securing insurance for your home, it’s likely that you’ll make some major improvements. While painting a room and changing a doorknob aren’t major changes, installing new windows and replacing your roof are. So if you perform such major improvements, inform your insurer immediately. The increase in your home’s value will consequently increase the cost of rebuilding your home.

5. Determine the cost of rebuilding.
It’s crucial to get this figure right, when taking out a building insurance policy. The Association of British Insurers provides a handy calculator that is practical if you bought your home more than a year ago. However, if you purchased your house within the past year, the survey that you secured will be accurate enough. The cost of rebuilding is crucial, so make sure to get a figure that’s as accurate as possible.

6. Don’t under-insure your home.
While over-insuring your home can be problematic, under-insuring your home can be disastrous! You could end up spending your life savings, in order to rebuild your home. So consider all of the exact costs linked to rebuilding your home. That includes the labour and parts of architects and surveyors. Various factors that will influence the rebuilding costs include the size and location of your home.

While taking out a building insurance policy is necessary, the key is to get the right amount of cover. These tips will help to protect your home from unforeseen accidents and natural disasters, in case you need to build your home sweet home.

About the Author:
If you’re looking for a quote on building insurance visit Swinton.

Ludlow Engineering performs An Alta Survey in Utah.

An Alta survey is the Cadillac of all Land Surveying projects.  The ALTA survey requires the land surveyor to complete their due diligence on the property.

What is an ALTA survey?

ALTA stands for American Land Title Association. The ALTA is a group that represents the land title and title insurance industry. In addition to ALTA, the American Congress on Surveying and Mapping (ACSM) also accepts and conforms to ALTA survey conventions. An ALTA survey is a survey done in such a way that it conforms to ALTA standards. The good thing about this is that most surveyors know and understand this format – so once you get used to reading an ALTA survey you will be able to do it over and over again on subsequent transactions.

What does an ALTA survey contain?

Like any survey, an ALTA survey shows the physical characteristics of the property you are purchasing. The first thing an ALTA survey will give you is a description of the metes and bounds of the property. In other words, the survey will give you the actual description (longitude and latitude) of the property boundaries. Most buyers perform their own survey for due diligence to ensure that the property they are purchasing is the size they thought it was.

An ALTA survey also shows improvements on the property, rights of way on the property, as well as any easements granted by previous property owners. For land that you are considering developing, this is incredibly important. If you have an easement granted to the power company that goes straight through the middle of the property, it may be difficult, or impossible, to develop.

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ALTA ACSM Land Survey -

Ludlow Engineering and Land Surveying performs ALTA ACSM Land Survey (s.) Being registered in several states Ludlow covers the Western part of the United states. Being located in Utah, Ludlow performs ALTA ACSM surveys in Utah as well.

Below is an example of an ALTA Survey performed by Ludlow Engineering.

A Land Title Survey and An ALTA survey is one and the same.

What is an ALTA survey?

ALTA stands for American Land Title Association. The ALTA is a group that represents the land title and title insurance industry. In addition to ALTA, the American Congress on Surveying and Mapping (ACSM) also accepts and conforms to ALTA survey conventions. An ALTA survey is a survey done in such a way that it conforms to ALTA standards. The good thing about this is that most surveyors know and understand this format – so once you get used to reading an ALTA survey you will be able to do it over and over again on subsequent transactions.

Ludlow Engineering specializes in Land Title Surveys in the States of Utah, Idaho, Arizona, California and Nevada.

We have a trained professional staff eager to make the transaction with Ludlow Engineering and Land Surveying a pleasant one.

Click here to review the ALTA/ASCM standards of which we will provide to you at the time of your approved go ahead.

Call Now to get your estimate today on an ALTA/ASCM Land Title Survey