Even though a piece of real estate looks suitable to host your business, sometimes a property has issues that could complicate your use of it. This is why some buyers pay for a land survey before purchasing the property.
It is true that a property seller should disclose information about a property. Even so, going through with a land survey can be prudent in certain situations.
An existing survey is old
If the seller does not present you with a survey, you may find one from the local property records office. However, the survey might be obsolete. Older real estate surveys tend to use monuments and landmarks to define the property, but if too much time has passed, those landmarks may no longer be present.
You want to discover easements
An easement is a right held by another person or company to use your property. While the seller should tell you of any easements that exist, it is possible the seller might not know about one. A survey should help you know whether or not another party has the right to use your land.
You have property improvement plans
You may intend to renovate an existing building or construct a new one. If you want to make property improvements in the future, a topographic survey might be in order. Topographic surveys reveal the locations of man-made and natural features which your architects and engineers can use to prepare your construction project.
It is understandable if you want to complete a real estate purchase soon so you can begin your commercial endeavors. Still, making time to survey the land could save you from litigation over the use of your property.
