What is an ALTA Survey?
An ALTA survey, short for “American Land Title Association” survey, is a detailed type of land survey commonly used in commercial real estate transactions in the United States.
Our licensed surveyors must adhere to specific standards set forth by the American Land Title Association (ALTA) and the American Congress on Surveying and Mapping (ACSM) when conducting this kind of survey.
ALTA surveys are comprehensive and typically include detailed information about the boundaries of the property, easements, rights-of-way, encroachments, improvements, and other relevant features.
These surveys also identify any potential issues or discrepancies that may affect the property’s title or ownership. Lenders and title insurance companies often require ALTA surveys during commercial real estate transactions to ensure that the property’s title is clear and marketable. These surveys provide buyers, sellers, and lenders with valuable information about the property’s characteristics and potential risks, helping to facilitate smooth and transparent transactions.
Due to their thoroughness and adherence to strict standards, ALTA surveys are considered one of the most comprehensive types of land surveys available, providing a high level of detail to all parties involved in a commercial real estate transaction.