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

A surveyor plays an important role in a commercial real estate transaction in Delaware. Their main role is to inspect the property to review and certify the dimensions and boundaries of the property. During the survey, the surveyor will create a map or drawing of the property and mark the exact boundaries, such as fences and neighboring property lines. The surveyor will also take measurements of the property to ensure that all the features on the map match what is actually on the ground. The surveyor’s report will be used in the real estate transaction process to verify the accuracy of the boundaries and features on the property. They will also look for any discrepancies between the seller’s deed to the property and the physical dimensions of the property. If any discrepancies are found, the surveyor will provide a detailed description of the discrepancy. Their role in the real estate transaction process is crucial. Without a surveyor, the buyer and seller of the property may not be aware of any discrepancies between the deed and the ground, which could lead to disagreements between the parties involved. A surveyor’s report provides both sides with the assurance that the property is exactly as it was described in the deed.

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

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