Why do I need a survey of the property I'm buying?

This is a good question that I hear often. When you purchase a home you are buying the rights of the land, the air and any physical improvements that were done. You will want to know the exact property lines (also known as metes and bounds). Your attorney will review the survey and let you know if the neighboring properties are encroaching on your property. This can be in the form of a fence, a driveway, landscaping, etc. These issues pass to you if they are not addressed before your transaction closes. As your real estate attorney, I would help you negotiate correcting any of these issues.

A survey gives you, the buyer, the piece of mind that the property you are buying is clearly identified and that you are fully aware of any encumbrances that may exist.

If I can answer any further questions on this topic, or any other general questions about a real estate transaction, give me a call. 973-898-7300 x126. www.martyeagan.com