The American  system of private property is established on the formation of consistent  boundaries between parcels. With the lack of such boundaries,  disagreements and misinterpretations can cause friction and/or animosity  between adjacent property owners or business transactions. Some  examples consist of needing to learn whether a new oil well lies on  their property or deciding to start improvements in an area that's  neighboring a boundary, it's critical for property-owners to understand  the exact bounds of their parcels. If understanding of these boundaries  has lapsed, landowners may need to commission a re-establishment or  boundary survey.
What Is a Re-Establishment/Boundary Survey?
A  boundary survey intends to legally establish the extent of a given  parcel. While the most important characteristic of a boundary survey is  its description of the relevant parcel's corners, the survey should  comprehensively summarize the extent of the parcel. Once a boundary  survey has been generated, the surveyor creates a new map of the parcel  or updates an existing plat map with the property's "new" reestablished  boundaries.
When Should One Be Performed?
There  is not a pre-defined time period for which a boundary survey remains in  effect, it is beneficial to have one at certain times though. One such  example is a new landowner who purchases a parcel from a longtime owner  to confirm the contents of the deed. Surveys are also vital before the  formation or execution of mineral leases or other land-use contracts.
Cost and Other Considerations
The cost of a boundary survey is subject to several important factors some of which include:
Complications That Can Arise in the Absence of Reliable Surveys
A lack of reliable surveying within a given area or neighborhood can have serious implications, including: