We always check the property conditions before buying, but there are some issues that we don't find, and they can cost a lot of money if we are not careful enough. A land survey gives a detailed report on all the factors affecting the property.
Municipal laws are not the same always they may vary with time and so the property value. With time the value of the property may decrease, and only a survey gives you all the necessary details about the property. It is always necessary to conduct a Land survey before buying a property.
Let's have a look at the Land Survey and its Importance:
A Land Survey is more than the details of boundaries, the lot size, and property description. It is a process that determines whether or not you're getting what you're paying for and what's yours and what isn't. A land survey gives you a complete report on all the natural and man-made factors that may affect your property. A survey also shows whether or not your property meets all the government regulations or not.
A Land Survey is a vital part of buying a property. Even if you are certain about the condition, a survey should always be conducted by a professional. Each area has its particular land properties that are considered important during construction.
Here are some points that explain the importance of the Land Survey.
1. It gives all the properties of land including topography, that helps architects and engineers to design the structure in the case of new construction. During construction, it is always important to have properties of land for safety. Engineers design structures according to land properties which are provided by the land survey.
2. A survey gives us all the details about the corners and boundary lines, by doing both record and field research. It is possible that with time boundaries and corners are messed up with the neighbours. A survey provides all dimensions about the property with research and records.
3. A survey can be cost-saving as it gives us details about improvements like elevation or sewage needed in the land. You can bargain with the owner over the early price on behalf of the costs for these improvements.
4. A city can have regulations about dividing the property, it means property can't be sold to more than one customer and there can only be a single owner of the whole property. For example, a land survey in Toronto will let you know about these conditions.
5. A land survey provides a legal certificate from the relevant local government department. Having a legal certificate can help you in many ways and prevents you from any future surprises by the government.
6. A survey tells if the property meets all government norms. With time rules and regulations may change for an area, land surveys give details if the property passes all government norms or not.
So, now you understand the importance of the land survey before buying a property. Conducting a survey can be costly but it prevents your expenses in many ways and can be beneficial for the long term. Genesis Land Surveying Inc. is a Toronto based land surveying company having a team of experienced professionals that can help you with land surveying services.
