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This is a state by state requirement, Debbie - if it's not a typical request for your area, it's doubtful that it's really needed, probably just a confused lender.
I lend across multiple states, and for example, they're typically required (unless you get a special title endorsement) in Delaware, but just 10 minutes up the road in Pennsylvania, one is not needed.
No, have not seen any requests for this.
Stevens Point, WI
Not here. I have had a few buyers from out of state who were floored that the seller is not required to provide a survey. Many of our older properties don't have a survey on file, relying on the property description from the deed only. And that is all that is required, a property description.
Financed transactions require a property survey here. Existing surveys that sellers may provide will be accepted provided there haven't benn any changes or additions.
I rarely have anyone requesting a survery. As in, not once in over 8 years.
I've never had a request to do so.
No, not in my area. A client of mine sold her place in New Mexico and her agent mentioned a property survey, so I guess they're required there.
Not so much. Every once in a while they will
A few do, but if you require them to pay for them then they generally change their mind.
No not at all!
Not a common practice in my area.
Only if we see a possible encroachment. Normally it may be the governing authority that requires it when splitting the property.
It's usualy the ttile company that asks buyers if they want a survey.
Debbie Reynolds Property surveys are mandatory here. The option here is wooden stakes or metal posts. Extra cost for metal posts.
every institution requires mortgage surveys (plot plans) to be done at the buyer's expense ..... this is not an instrument survey that one would use to put up a fence.... it's purpose is to make sure no permanent structures are on someone elses land.... fences can be moved....
Lenders require it.
Some, but not all, lenders and/or buyers may require a survey. It depends upon their own requirements.
Good Tuesday morning Debbie. I never have heard that for the state of Tennessee.
Good morning Debbie. Out of the eight states I do business, the only state that requires it is Florida.
no they don't. But I think they should. I'm also considering having buyers sign a document saying I recommended and they declined if they don't get one.