Escrow & Title
When a Virginia lender requires a survey before closing, the purpose is to:
AVerify the seller's identity
BIdentify property boundaries, easements, encroachments, and improvements✓ Correct
CDetermine the property's market value
DEnsure the property is not in a flood zone
Explanation
A property survey identifies the exact boundaries, locates improvements, reveals encroachments, and shows easements. Lenders often require surveys to confirm the collateral securing the loan.
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