Encroachments, overlaps, boundary line disputes, or other matters which would be disclosed by an accurate survey or inspection of the premises

When insuring title to a mortgagee only on 1-4 Family Residential properties up to $1 million in a platted subdivision, a survey is no longer required to give coverage for survey matters when utilizing an ALTA Loan Policy or Short Form Policy. This change does not apply to owner’s policies, construction loan policies, new construction, acreage tracts, commercial loans, or residential properties for more than four families.  , but is not requiring that a new survey be ordered, Agents National Title will accept prior surveys issued to the current owner within ten (10) years provided the property is a refinance only of residential property and an affidavit has been obtained from the current owner stating that there have been no improvements to the insured property since the date of that prior survey. The survey cannot be used to delete the survey exception when issuing a policy on a resale.


See also:


Survey Matters