ALTA Land Title Survey: Understanding the Basics
An ALTA Land Title Survey is a detailed survey of real property that meets the specific needs of the American Land Title Association (ALTA) for title insurance purposes.
Members of ALTA require a survey that provides clear and distinct information about the property, including matters that may not be evident from public records, to insure title to land without exceptions.
- The survey must be acceptable to a title insurance company to insure title to the real property free and clear of survey matters.
- Certain specific and pertinent information must be presented for clear understanding between parties involved, including the insured, client, title insurance company, lender, and surveyor.
A survey of real property must be acceptable to a title insurance company for the purpose of insuring title to said real property free and clear of survey matters.
Author's summary: ALTA Land Title Survey ensures clear property title.