Survey (ALTA/NSPS Survey)
An ALTA/NSPS survey is a detailed land survey commonly used in commercial transactions to map boundaries, improvements, and certain title/physical conditions (such as easements and encroachments) that can affect use and title insurance coverage. It is frequently required by lenders and title insurers as a due diligence deliverable.
- Where it applies
- Generally, not specific to New York
- When it comes up
- Due Diligence
- Property types
- Commercial (Retail/Office/Industrial), Mixed-Use; sometimes Residential
Read more in the Knowledge Base
- Surveys and Boundary Issues in New York Residential SalesSellers
- Boundary Lines, Surveys, and Title Defects in New York Residential PurchasesBuyers
- Selling a Single-Family Home Outside New York CitySellers
- Title Insurance and Surveys - Resolving Title Issues Before ClosingBuyers
- Easements, Shared Access, and Right-of-Way Risks in New York Property TitlesBuyers
Related terms
Core Real Estate Fundamentals
- ACRIS (Automated City Register Information System)
- Bargain and Sale Deed with Covenants
- Contract of Sale
- Lien
- Lis Pendens (Notice of Pendency)
- Title Search
General information, not legal, tax or financial advice.