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Important points to consider when buying land. Surveying The physical location of a property can be legally described in several ways. One type of description is called "Metes and Bounds". This type of property description was used almost exclusively in the "old days" and is still very common. A metes and bounds description can be found within the deed to a property as a written description of the perimeter course. It is generally preferable to have a property surveyed when buying land. If a survey does not currently exist, either the buyer or the seller will have to pay to for it. Because surveys can be expensive, many deeds are exchanged without a survey. This is done more frequently with larger tracts of land. A note of caution is appropriate here - surveys frequently reveal discrepancies that would otherwise go unnoticed and unresolved. A property survey should be a class "A" survey and it must be performed by a registered Maine surveyor. The first step in performing a survey is to research prior deeds of the subject property as well as the deeds of abutting lands. Then the surveyor performs his or her fieldwork. The ultimate goal is to reconcile the written deed descriptions with what exists on the face of the earth. |
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