| Why do I need a location drawing/survey? |
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Most lenders require a location drawing of the property in order to ascertain that: others (such as adjoining property owners) have not encroached on the property being purchased; improvements on the property neither extend beyond the lot's legal boundaries nor are placed over easements of record; and there are no violations of building restriction lines or other regulatory restrictions. Our attorneys review the completed drawings, and if any problems are found we work with all of the parties involved to try to find an acceptable solution that allows the closing to move forward. |