Mortgage Glossary
Survey
Defined by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
A survey is a professional drawing that maps a property's boundaries, structures, easements, and encroachments.
What Survey means
Lenders or title companies may require one to confirm the home sits within its lot lines and to identify any encroachments that affect title.
Florida example
A Florida survey reveals a neighbor's fence crossing the property line before closing, letting the parties resolve the encroachment so the buyer takes clear, insurable title.
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