Escrow & Title
The ALTA/NSPS survey is often required by lenders at closing in Massachusetts to:
AEstablish zoning classifications
BVerify property boundaries, easements, and encroachments✓ Correct
CAssess environmental contamination
DDetermine fair market value for lending purposes
Explanation
An ALTA survey (American Land Title Association standard) verifies the exact boundaries of the property, identifies easements, encroachments, and improvements, and is commonly required by lenders before issuing a mortgage.
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