An easement is an interest in property that allows another person the legal right to use or own parts of the property owner’s land for a specific purpose. Essentially, it gives the someone the right to trespass on your land as long as it follows the easements restrictions. Understanding how easements may affect your commercial property and the value of the property can prevent major issues down the road for the landowner.
Typically, an easement is created for specific purposes and can be given to anyone, including neighbors, government agencies or private parties. Because easements concern real property, they are governed by real property law. When acquiring commercial real estate, it is important to conduct due diligence to ensure there are no surprises that will affect the value or use of the commercial property. An aspect of this due diligence process is obtaining a Boundary Survey. During the process of preparing a Boundary Survey, the surveyor works in unison with the purchaser’s attorney and title company to ensure that exceptions (easements, access, zoning, etc.) listed in the title policy are accurately plotted on the survey drawing. The following are various types of property easements to consider:
At Stoner & Associates, we are experts in the area of boundary surveys, surveys specifications and various easements. Most importantly, we know that you need your survey to be completed on time for the closing date. We work hard to be part of your team and to answer any and all questions pertaining to various easements, the survey, certifications, and title commitments.
For more information regarding the ALTA / ACSM land title surveying services offered by Stoner & Associates, please call us at (954) 585-0997 or request a quote.
Following last month’s newsletter, which featured Stoner’s Executive Team, meet a few of our top surveyors. Walter De La Rocha, P.S.M. – Senior Professional Land Surveyor With over forty-two years of experience under his belt, Mr. De La Rocha has extensive experience in ALTA/ACSM Land Title Surveys, Design Surveys, preparing Digital Terrain Models (DTM), Right-of-Way […]
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