ALTA Certification
Hi all,
Just looking for some opinions on the following “required” certificate for a survey.
I don’t do many ALTA surveys and usually don’t stray from the standard certification.I don’t believe this would be a true ALTA survey since they want the proposed improvements shown also, but would like to hear your opinions on the language.
Thanks in advance for any suggestions.
CONSTRUCTION LOAN
SURVEY CERTIFICATIONThe following is the required form of certification:
The undersigned surveyor (“Surveyor”), a registered land surveyor in the state or commonwealth identified below Surveyor’s signature, hereby certifies to XXXXXXXXXXXXXXX (“Borrower”), ______________________________ (“Lender”) and XXXXXXXXXXXXXXXXXXXXXXXXXX (the “Title Company”) as follows:
A. This is a true and correct survey of: [insert legal description] (the “Property”).
B. This refers to XXXXXXXXXXXXXXXXXX Commitment No. __________ dated _____________ for the Property.
C. This is to certify that this map or plat and the survey on which it is based were made in accordance with the “2011 Minimum Standard Detail Requirements for ALTA/ACSM Land Title Surveys,” jointly established and adopted by ALTA and NSPS in 2011, and includes Items 1 through 4, 6(a), 6(b), 7(a), 7(b), 7(c), 8, 9, 10, 11(a), 11(b), 13 through 19, 20(a) and 21 of Table A thereof. Pursuant to the Accuracy Standards as adopted by ALTA and NSPS and in effect on the date of this certification, undersigned further certifies that in my professional opinion, as a land surveyor registered in the State of XXXXXX, the Relative Positional Accuracy of this survey does not exceed that which is specified therein.
D. This is to certify that this map or plat and the survey on which it is based correctly shows the location of proposed improvements as shown in the Site Plan dated ______________, ____ prepared by _____________________________,
E. The Property contains ________ acres (i.e. ____________ square feet).
Borrower, Lender, Title Company, their successors and assigns may rely on this Certificate.
Date: ________________________ [to be dated within 60 days of closing date]
(signed)_________________________ (seal)
Registration No.Note: This required form of certification requires that the survey correctly shows the location of all existing buildings, and structures, and improvements on said property; that there are no visible encroachments onto adjoining properties, streets, or alleys by any of the existing buildings, structures, or improvements; there are no visible right-of-ways or easements on said described property other than shown thereon; that there are no party walls or visible encroachments onto said described property by buildings, structures, or other improvements situated on adjoining property, except as shown on said survey and the location of all easements, set-back requirements and other matters identified in the title insurance commitment.
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