When seeking a title or mortgage insurance, you will likely find that the title company or mortgage lender requires an ALTA/NSPS land title survey be performed. An ALTA/NSPS land title survey is a specific type of boundary survey, with requirements laid out by the American Land Title Association (ALTA) and the National Society of Professional Surveyors (NSPS).
At Scalice Land Surveying, we have been performing ALTA/NSPS surveys for our clients for years. We create ALTA/NSPS land title surveys in Asheville that cover all the requirements needed to acquire mortgage insurance or a title using the latest technology.
When Is an ALTA/NSPS Land Title Survey Necessary?
Mortgage lenders and title companies often require ALTA/NSPS surveys before approving refinancing or the transfer of a property to a new owner. The performance of these surveys helps to reduce the risk of potential complications involving the property. A land title survey can identify problems such as:
- Boundary disputes
- Zoning issues
- Differences in legal descriptions
- Mathematical discrepancies
You might want to consider hiring a land surveyor to conduct an ALTA/NSPS survey, even in situations where one is not strictly required. The potential problems that can arise when you are missing information about a piece of property can be quite costly. An ALTA/NSPS land title survey can protect your property investment.
An ALTA/NSPS survey can be particularly important if you are buying a piece of property that does not already have a structure built on it. The lack of a structure is a common clue that any prior property survey is likely outdated. In these cases, it is even possible that the land has never been surveyed before.
What Information Can Be Found in an ALTA/NSPS Land Title Survey?
Based on the regulation laid out by ALTA and NSPS, the information contained in these surveys must include:
- Detailed data about the boundary lines
- The exact location of any and all buildings
- Notations regarding any renovations to these buildings
- Identification of any easements held on the property
While the above are the required details of an Asheville ALTA/NSPS land title survey, they aren’t necessarily the only information that will be contained in the final report. A land title survey may also include information about:
- The square footage of any structures
- The height of any structures
- Details about any underground structures
- The location of any underground utilities
Who Must Order an ALTA/NSPS Land Title Survey?
When a mortgage lender or a title company requires an ALTA/NSPS land title survey, it is the responsibility of the property owner to contact a surveying company and order the survey. If you need an ALTA/NSPS land title survey, our experienced team can provide you with a detailed survey at a competitive price.
How Much does an ALTA/NSPS Land Title Survey Cost?
There is no flat rate for an ALTA/NSPS land title survey. Instead, the cost is calculated based on several factors, including:
- The size of the parcel of land
- The terrain of the property
- Where the plot of land is located
It is impossible to accurately gauge the cost of a land title survey without these details. However, you can note that an ALTA/NSPS survey will cost more than a typical boundary survey due to extra requirements these surveys must follow.
How Long does an ALTA/NSPS Land Title Survey Take to Complete?
Completing an ALTA/NSPS land title survey in Asheville can easily take two weeks or more. That’s why you should contact a land surveying company as soon as you know you will need this service. The sooner your survey is completed, the sooner you can get to work on the next steps of your project.
The length of time required to complete your survey will depend on multiple factors, including the size of the property and the availability of information about the land. Using the latest technology, our experienced surveyors will work to ensure your ALTA/NSPS survey is completed accurately in as short of a time period as possible.
How Long Is an ALTA/NSPS Land Title Survey Valid?
Time doesn’t typically factor into when an ALTA/NSPS land title survey expires. Instead, these surveys are generally good until a change is made to the property. After a change has been made, all previous surveys of the land become obsolete.
Occasionally, however, even when no changes have been made to the property, the party making the request may still require submission of a new ALTA/NSPS survey.
Get a Free Quote From an Asheville Land Title Surveying Company
At Scalice Land Surveying, we are quite familiar with the requirements for an ALTA/NSPS land title survey in Asheville, NC. We have been providing these surveys to satisfied customers for years. If you require an ALTA/NSPS survey, contact us today for a free quote. You can get started by giving us a call or filling out our online contact form.