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An ALTA Survey is an American Land Title Association Survey and is required when Title matters and is needed in most commercial property sales. In a survey like this it uncovers evidence that can only be identified by a Survey and site inspection by a Professional Land Surveyor.
In most of these situations where an ALTA Survey is required Banks and Lenders want a Title Survey (ALTA Survey) completed. This kind of survey helps re-assure to the lender that the mortgage/investment is protected against property line disputes, encroachments, unauthorized access to the property, code compliance, etc...
If you find yourself in a situation like this your Attorney, your Title Company, or your Bank/Lender may request from you a ALTA Survey.
Please contact us and allow us to help you through the Survey aspect of your new investment.