Escrow & Title
A Mississippi buyer pays for a survey at closing. The purpose of the survey is to:
ADetermine the property's market value
BEstablish the exact boundaries, area, and improvements of the property✓ Correct
CIdentify flood zones for insurance purposes
DDetermine the property's soil quality
Explanation
A survey establishes the exact legal boundaries of the property, shows its dimensions and area, locates improvements relative to the boundaries, and identifies encroachments, easements, and other matters affecting the property.
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