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Meaning / Definition of

Survey

Categories: Loan and Mortgage, Insurance, Real Estate, Credit and Debt, Marketing, Statistics and Risk Management,

a property diagram that indicates legal boundaries, easements, encroachments, rights of way, improvement locations, etc. Surveys are conducted by licensed surveyors and are normally required by the lender in order to confirm that the property boundaries and features such as buildings, and easements are correctly described in the legal description of the property.

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