This hub is for those surveyors who perform surveys according to the ALTA/NSPS Standard Details. As we know, these are typically used for most commercial property surveys.
What is a Title Exception or Survey Exception?
From Thompson Reuters WestLaw, a Survey Exception is... An exception in the title insurance policy that may either be:A general survey exception. This is an exception that the title insurance company includes in a policy if there is no satisfactory survey of the real property described in the policy. The general survey exception excepts from the policy any state of facts that an accurate survey and inspection of the land would show. An exception with a detailed survey reading. This is an…Read more…