Escrow & Title
Which of the following statements about a survey is TRUE?
AA title company always performs the survey
BA survey determines the exact boundaries of a parcel and may reveal encroachments or easements✓ Correct
CA survey is only required for properties larger than 5 acres
DA survey is included in the title insurance premium
Explanation
A licensed surveyor measures and maps the exact legal boundaries of a property. A survey can reveal encroachments, boundary disputes, easements, and other issues not shown in the title search. It is often required by lenders for certain transactions.
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