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- When Do You Need A New Survey in a Texas Real Estate Transaction?
The only way to be sure if an existing survey may be used is to check with the title company Lydia Blair (formerly Lydia Player) was a successful Realtor for 10 years before jumping to the title side of the business in 2015 Prior to selling real estate, she bought, remodeled and sold homes (before house flipping was an expression)
- SURVEY REQUIREMENTS IN TEXAS - Black, Mann, Graham L. L. P.
In either an Owner or Mortgagee Policy, when the Insured desires to have amended the exception as to area and boundaries, (i e Item 2 of Schedule B) to delete all save "shortages in area", a title insurance company may accept an existing real property survey and not require a new survey when providing area and boundary coverage if the title insurance company is willing to accept evidence of
- Surveys in Texas Real Estate Transactions | Silberman Law Firm, PLLC
A property survey is a drawing accompanied by a written report which indicates boundaries of real property along with the locations of any improvements on that property Based on the legal description of the property as well as a surveyor’s measurements, it is a critical document because most lenders require a survey for closing A new survey is not always required for a real estate
- Surveys: Should We Get a New One? | Texas National Title
In order to issue important title policy coverage to a buyer (or required coverage to the buyer’s lender) a title company either has to require a new survey for a transaction or we are permitted to use an existing survey coupled with a sworn Texas Residential Property Affidavit (T-47) This…
- Is a Survey Required in Texas? - Sandler Law Group
We often hear that Texas is a ‘survey state,’ meaning that a property survey is required to close a loan here That’s not exactly true, but here is why there is a property survey in almost every Texas loan file: If the title company has not reviewed and accepted a current property survey, it will include what’s called a ‘survey exception’ in the lender’s title policy, and the
- when does survey need to be done and who does the survey?
If the seller has not provided an existing survey, then the Title Co will order it from a company they typically do business with about 7-10 days before closing The lender will need it to get final loan approval so it has to be back several days before closing
- For the Public - Texas Society of Professional Surveyors - TSPS
A few years ago, an industry change took place in which title companies, in certain situations, will allow the buyer to use an old survey for the closing transaction
- Why Title Companies Need Land Surveys for Accurate Real Estate Transactions
A land survey is one of the most important tools title companies use to verify property details before closing a deal Without a survey, title insurers and property buyers risk dealing with unexpected legal issues, encroachments, or zoning violations —problems that can derail transactions and create liability
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