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: