Land owners of all kinds may need a boundary survey for many purposes. One of the most common reasons to have a survey completed is when you are buying a new home or piece of standalone property, particularly if you are purchasing from someone who has owned their home for a long time. Long-term owners may not have had a survey done since they bought their home, and boundaries may have become confused. A survey will confirm the information on the deed and give you peace of mind that you're getting what you paid for.
If you are purchasing a mineral lease or entering into another form of land-use agreement, you'll definitely want to invest in a surveying. Again, doing so will let you know that you are receiving adequate and fair use of the land you are leasing, as well as avoid any future questions about the bounds of your lease. You may also need a boundary survey in the event that your are ever required to turn over part of your land to the state for the purpose of public infrastructure creation. You'll want to make sure you don't lose any more land than is necessary.
Why You May Need Boundary Surveying?
Some reasons for acquiring a survey of your property's boundaries have been listed above. There are many more reasons to hire NY boundary surveyors to provide you with a formal understanding of your parcel's bounds and demarcations. Doing so can be a preventative measure, saving you time, money, complications and headache in the future. Boundary surveying can help to solve or prevent boundary disputes between neighbors by providing you with unquestionable limits on your property. These kind of disputes can not only lead to hurt feelings and destroyed relationships, they often end up putting a building project on hold or resulting in legal issues.
Speaking of building projects, if you are undertaking any kind of improvement project on your property, it's best to invest in a professional survey of your parcel's boundaries. There are local building and improvement codes that cover a number of factors for residents. For example, you may be prohibited from installing a structure within so many feet of a public utility line or other such measure. Knowing the limits of your property, as well as what is contained within those limits, you will save yourself time, possible penalties and money.
A survey can corroborate the information on a deed or title. It can also make you aware of possible problems these documents hold prior to transfer of ownership. It's best to take care of any disputes before you complete your purchase so that you can rest easy afterward. No one wants to receive a surprise allegation about the limits of their land parcel. One final example is for lease holders.
Not knowing for certain how much property you have actually leased could cost you a great deal of money in oil or gas development profits. Fighting any disputes after signing for your lease will cost you money in legal fees, as well as a lot of time and frustration. Knowing the boundaries of your lease in advance will protect your monetary rights and claims.