Attorneys will usually
recommend having a survey as it is useful to know exactly where the property
lines are. A survey will also reveal if
there are any encroachments over the boundary lines. A survey of a standard residential lot currently
costs $250.00 - $350.00, though large properties or acreage cost significantly
more. Oftentimes the charges for a
survey can be covered by a seller’s closing cost assistance to buyers. In some
instances (such as with an inside unit in a townhome complex) the need for a
survey is mitigated.
The answers given above have been
prepared by the law firm of Jones & Walker, P.C. of Virginia Beach as
general guidelines to common questions.
These answers do not constitute specific legal advice. For a fuller explanation of many aspects of
real estate sales and purchases, visit Jones & Walker’s website: www.jonesandwalker.com.
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