Alliance Land Surveying is a leading provider of ALTA/NSPS Land Title Surveys in Arizona. Our expertise and extensive experience ensures you will receive a complete and accurate survey for the evaluation of your real estate investment.
LTA/NSPS LAND TITLE SURVEYS
WHAT DOES ALTA/NSPS MEAN?
An ALTA/NSPS Land Title Survey it most commonly referred
to as simply an ALTA Survey. ALTA/NSPS is the acronym for the American Land Title Association (ALTA) and the National Society of Professional Surveyors (NSPS). These two organizations jointly established and adopted a set of minimum standard detail requirements to be used for the preparation of ALTA/NSPS
Land Title Surveys (2021 ALTA/NSPS Standards). These standards were designed to provide a uniform set of national standards that create a convenient and consistent way to order
a survey. The minimum standards provide an exact scope of services for the surveyor. In addition, it ensures the client, title company, and lender will receive a survey containing the
required information necessary to issue title insurance and/or fund a commercial real estate loan. An ALTA/NSPS Land Title Survey is a detailed survey that depicts all of the substantial physical improvements existing on the subject property and plottable encumbrances affecting the site that are referenced in a current title commitment. The title commitment is typically provided to the surveyor at the onset of the survey project.
WHAT IS THE TABLE ”A”
The Table “A” is a list of optional items that can be included in an ALTA/NSPS Land Title Survey upon request. This list can be found in the minimum standard detail requirements for ALTA/NSPS Surveys. Typically you will find a specific set of “Table A” numbers referenced in a surveyor’s contract, your title commitment, and the lender’s survey requirements. While these Table “A” items are considered optional most title companies and lenders require several of these optional items on every survey making them not so optional. It is important to always make sure the Table “A” items in your surveyor’s contract corresponds with the Table “A” items required by both the title company and your lender because some optional items in Table “A” can greatly impact the cost of the survey.
WHY DO I NEED AN ALTA SURVEY?
The primary purpose for an ALTA/NSPS Land Title Survey is to supply the title company and or lender with a survey that contains the necessary information to issue extended title and/ or mortgage insurance.
WHAT FACTORS DETERMINE THE COST
OF AN ALTA SURVEY?
There a number of factors that determine the cost of an ALTA Survey.
The primary factor in determining the cost is the overall size of
the site and the amount of improvements on the site that will have
to be field located and depicted on the survey map. For example,
a 1-acre commercial site with one building costs less to survey
that a 10-acre apartment complex with 12 buildings.