Escrow & Title
A Wisconsin survey is important in a real estate transaction because it:
ADetermines the market value of the property
BIdentifies the exact boundaries, encroachments, and easements on the property✓ Correct
CSets the property tax assessment
DReplaces the need for title insurance
Explanation
A survey precisely identifies property boundaries, potential encroachments from neighbors, and easements, which is important for both buyers and lenders.
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