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Subject:
From:
Steve Morgan <[log in to unmask]>
Reply To:
Records Management Program <[log in to unmask]>
Date:
Tue, 25 Aug 2009 08:52:32 -0700
Content-Type:
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I have changed the retention to permanent mainly for historical
purposes.

The reason being is that an ALTA survey shows improvements, easements,
rights-of-way, and other elements impacting the ownership of land. An
ALTA Survey is often prepared for commercial properties, as it will
provide the title company with the information required to insure the
title to the land and improvements to the high degree that a commercial
development may require. In addition to the minimum standards set forth,
an table of optional elements is included in the ALTA/ACSM standards. A
careful review of the elements from the optional "Table A" is helpful in
delineating a clear scope of the land surveyor's services.

A current title commitment is required before an ALTA Survey can be
completed. The surveyor will refer to the title commitment for the legal
description of the property and for the legal description of any
encumbrances (exceptions). Areas of ownership, improvements and
encumbrances will be shown graphically. If the survey discovers any
encroachments, they should be shown graphically, and a note indicating
the nature of the encroachment may also be added.

The certification language of the ALTA Survey should include the names
of the affected parties, including as appropriate the buyer, seller,
title company, and lender. The surveyor must work in close association
with the title insurance company, as the surveyor and the title company
are relying on each others work to show the matters affecting the
ownership of the land and improvements in a comprehensive manner.

Steven D. Morgan
Records Manager, C.J. Segerstrom & Sons
Costa Mesa, CA
714.438.3228 Phone
714.546.9835 Fax
 

 
Behind every successful manager is a Records Manager.
-----Original Message-----

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