As a Florida property owner, you understand the importance of protecting your financial investment. You can protect it in various ways, including taking steps to ensure you know everything there is to know about your property. If it has been a while since you had a property survey done, it may be smart to do this in the near future.
Often, real estate transactions require a new property survey. However, if you have owned your property for a while or you never had a survey, it can help you understand important factors about your property. One of the main benefits of this step is that you will understand exactly where your property lines are, which can help you avoid legal disputes in the future.
The benefits of a property survey
Even if you think you know everything there is to know about your property or you are not currently involved in any type of dispute, you may want to consider a new property survey for many reasons. In addition to allowing you to know where your property ends and your neighbor’s begins, it can also provide you with the following benefits:
- It can help you see any discrepancies over boundary lines, such as the existence of a gap between properties or an overlap of boundaries.
- A survey can clearly mark where bodies of water are on your property, including small ones, such as streams or wells.
- This step will likely clearly establish whether there is an easement on the property or other issues that could impact right-of-way.
- A survey can help you understand the details of utilities on your property, including water lines, gas lines, cable lines, drains and much more.
These are just a few of the reasons why property owners may find significant benefit in a new survey of their property. The best defense against property issues of any kind is to prepare now and have the documentation you may need down the road.
In the event of a dispute
When a property dispute arises, your interests and financial investment could be at stake. It is important to take these situations seriously and seek a meaningful resolution in a timely manner. If you find yourself facing a dispute or other issue that could impact your property rights, seeking the help of an experienced real estate attorney may be a prudent course of action.