An ALTA/NSPS survey is a boundary survey with specific criteria laid out by the American Land Title Association (ALTA) and the National Society of Professional Surveyors (NSPS). This boundary survey is required by title companies and lenders for the issuance of a title or mortgage insurance.
At Scalice Land Surveying, we create ALTA/NSPS surveys that meet all the requirements for acquiring a title or mortgage insurance. If you require an ALTA/NSPS survey, reach out to us today to get a free quote.
When an ALTA/NSPS Land Title Survey Is Required
Title companies and mortgage lenders often require an ALTA/NSPS survey for a commercial property that is being refinanced or transferred to a new owner. These surveys can help to remove potential risks involved with the property by identifying any potential problems, including:
- Boundary disputes
Even if no entity strictly requires an ALTA/NSPS survey to be conducted for a land purchase, you should still consider having one performed. Problems uncovered by a land title survey conducted during the purchase of a piece of property can protect you from costly complications down the road.
Getting an ALTA/NSPS survey is particularly important if you are buying a piece of land without an existing structure on it. In these cases, any prior survey of the land is likely outdated, and there is a fair chance that no land survey has ever been performed.
Information Contained in an ALTA/NSPS Land Survey
According to the regulations set forth by ALTA and NSPS, these surveys must contain:
- Detailed information about boundary lines
- The location of any primary building
- The location of any additional buildings
- Notations of any renovations to these buildings
- Identification of any easements on the land
There are many other details that may be included in your ALTA/NSPS survey but are not strictly required. The additional information you may find in your survey includes:
- The square footage of any buildings
- The height of any buildings
- Information about underground structures
- The location of underground utilities
ALTA/NSPS surveys can uncover a wide variety of potential problems with a piece of property, including:
- Boundary disputes
- Zoning issues
- Differences in legal descriptions
- Mathematical discrepancies
Who Is Required to Order an ALTA/NSPS Land Title Survey?
When an ALTA/NSPS land title survey is needed to proceed with refinancing, or the sale of a property, the property owner is responsible for ordering the survey. Our experienced land survey team offers high-quality ALTA/NSPS surveys.
We can also review your land survey needs and determine if an ALTA/NSPS survey is necessary or if there is another land survey that would better fit your situation.
How Long does It Take to Complete an ALTA/NSPS Survey?
As soon as you discover that you are going to need an ALTA/NSPS survey, you should get started in hiring a land surveying company. These surveys require extensive research in addition to the physical survey of the property. Because of this, they can easily take two weeks or more to complete.
The exact amount of time needed to complete an ALTA/NSPS land title survey will depend on many factors, including the size of the parcel of land and the availability of information about the property.
Our experienced team uses the latest technology to provide you with an accurate survey completed as quickly as possible.
When does an ALTA/NSPS Land Title Survey Expire in Greenville, North Carolina?
ALTA/NSPS land title surveys do not come with an expiration date. Instead, they are typically valid until a change is made to the property. Once the property has undergone a change, all old surveys become obsolete.
Even if no changes have been made to a piece of land since it last underwent an ALTA/NSPS land title survey, the requesting party may still require that a new survey be completed.
The Cost of an ALTA/NSPS Land Title Survey
The price of an ALTA/NSPS survey will depend on several factors, including:
- The size of the property
- The terrain
- Where the property is located
For an average land plot, an ALTA/NSPS survey will likely run somewhere in the neighborhood of $500. However, a survey for an exceptionally large parcel of land could rise to over $1,000.
We offer our clients competitive pricing for ALTA/NSPS land title surveys. Using the latest technology, our experienced staff can keep our rates low.
Hire a Land Surveyor to Perform an ALTA/NSPS Land Title Survey in Greenville Today
At Scalice Land Surveying, we have completed countless ALTA/NSPS land title surveys over the years. We are aware of all of the requirements set forth by ALTA and NSPS and will make sure that your survey meets and exceeds all standards. We will work hard to complete your land title survey quickly while keeping prices low. Contact us today for a free quote.