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What is a location survey (or location drawing)?

April 26, 2017drawing location Survey

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What is a location survey (or location drawing)?

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In cases where an institutional lender makes a loan on residential real property, it is customary for the Lender to require the title company to order a location survey of the property. The location survey shows the approximate location of the dwelling and other structures within the property boundaries. The location survey is not intended to be used for locating fences or other structures after closing. Furthermore, the location survey is not sufficient to remove the survey exception from the owner’s title insurance policy.