Buying Property? Check the Survey

Particularly for first time home buyers, titlesquare 10-acre parcel of land in a section within a
documents are confusing. Many buyers simply"township" and "range" within a state. The section
think that these documents are fine "as is," placingitself is divided into 160-acre quarters, and these
their faith in the title company, lender, or Realtors160-acre quarters are divided into 40-acre
involved with the sale.quarters and 10-acre quarters, respectively. The
Unfortunately, regardless of how confusing theserectangular survey is common in real estate
documents might appear, the buyer has atransactions in the western United States.
responsibility to review the title, survey and legalMetes and bounds surveys, on the other hand,
description. These documents should be providedare based upon directional calls and bearings that
to the buyer for inspection before the closing.were carefully made by a surveyor. They read
The Survey and Legal Description Are Relatedsomething like "THENCE North 10 degrees 20
Together, the survey and property descriptionminutes 16 seconds West, a distance of 1400
(also known as a "legal description") combine tofeet," and so forth.
create the very foundation of what is beingRegardless of whether real estate is described by
purchased. These real estate documents describea rectangular survey or a metes and bounds
in detail the boundaries of the land. An error insurvey, the survey and the property description
either the survey or property description canmust match exactly. This cannot be emphasized
create costly troubles down the road.enough!
Property descriptions and surveys are connectedSurvey Stakes
and need to be read together. A buyer can findAnother important thing to do before buying real
the property description either within the deedestate is to walk the land to make sure that the
itself or attached as an exhibit to the deed andsurveyor's stakes are located at the four corners
other documents. The property descriptionof the land. Sometimes, there will be additional
absolutely must match the survey. If there is asurveyor's stakes. Surveyor's stakes or pins are
discrepancy, the error needs to be correctedusually marked on the survey. Kids or vandals
before the sale to avoid title disputes in themight pull these stakes out of the ground. If they
future. To make sure this is corrected, the buyerare missing, make sure that the Realtor, title
needs to immediately notify the title company, hiscompany, and seller are informed so that the
or her Realtor and perhaps the seller.problem can be corrected prior to closing.
Types of SurveysConclusion – Avoid Future Troubles
Surveys can be rectangular surveys or metesThere is nothing worse than trying to correct
and bounds surveys. Rectangular surveys areproperty descriptions and title problems after
based on a system that was approved byclosing. This can be an expensive problem that
Congress in 1785. These surveys read somethingforces you to hire an attorney. The best way to
like "NW NW SW Section 24, Township 6 North,avoid property line disputes is to review the
Range 12 East, Gila and Salt River Base andproperty description and survey before signing
Meridian." This type of survey call describes aany type of real estate contract.