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

A surveyor plays an important role in commercial real estate transactions in Virginia. A surveyor is a professional who measures, evaluates, and documents the features of a property. Their knowledge and expertise can help to avoid costly disputes during a real estate transaction. Surveyors can be hired to help identify any potential problems with the property that could create issues during the sale, such as boundary disputes or encroachments on the land by a neighboring property owner. They can conduct research to determine if there are any liens or easements that restrict the use of the property. They can also help to assess the condition of the property and any improvements that may be necessary, such as repairs or renovations. This helps to ensure that the buyer is aware of any issues that may arise. Surveyors also create detailed maps and drawings of the property, which are necessary for transferring ownership rights between parties. They can provide accurate measurements of the lot size and the geographic boundaries of the property. These documents are also important for getting permits and zoning clearances. In short, surveyors play an essential part in commercial real estate transactions in Virginia by providing important information about the physical characteristics of a property and any potential problems or restrictions. They serve as an invaluable resource for buyers and sellers alike, helping to ensure smooth and successful real estate transactions.

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

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