What is the role of a surveyor in a commercial real estate transaction?

In a commercial real estate transaction, the role of a surveyor is essential. A surveyor is a professional who is responsible for providing a detailed map of the property, as well as its boundaries. They can also provide information about any physical conditions on the property and any zoning ordinances that might be relevant to the transaction. Surveyors use various forms of technology such as aerial photography and global positioning systems (GPS) to accurately map the property being sold. They also use a variety of tools like ladders and measuring tapes to accurately measure distances and the size of the property. The surveyor must also be aware of any restrictions or other legal issues with the property that could impact the sale. Surveyors may also be required to investigate any easements or other rights of way that can affect the use of the property. In California, surveyors must also check for any encroachments on the property and determine whether it is necessary for the buyer to obtain licenses or permits for any of the proposed uses. In addition, surveyors are responsible for certifying that all of the documents related to the transaction are valid and in compliance with the applicable laws. Surveyors are important in the commercial real estate transaction process because they provide vital information to the buyer, seller, and other stakeholders. They can help make sure that the transaction is completed fairly, accurately, and efficiently.

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What is the role of a surveyor in a commercial real estate transaction?

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