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The American Land Title Association (ALTA), founded in 1907, is the national trade association representing more than 6,400 title insurance companies, title and settlement agents, independent abstracters, title searchers and real estate attorneys. ALTA's headquarters is in Washington, DC.
These take the form of iron rods, pipes, or concrete monuments in the ground, or nails set in concrete or asphalt. The ALTA/ACSM Land Title Survey is a standard proposed by the American Land Title Association and the American Congress on Surveying and Mapping. It incorporates elements of the boundary survey, mortgage survey, and topographic survey.
Cadastral surveying is the sub-field of cadastre and surveying that specialises in the establishment and re-establishment of real property boundaries. It involves the physical delineation of property boundaries and determination of dimensions, areas and certain rights associated with properties.
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The remaining 20 percent covers the insurance policy, a significant portion of which is put into reserves for claims that could occur 10 or 20 years in the future. According to a 2006 survey by ALTA, [24] title problems that required curative action were found in 36 percent of all residential real estate transactions in 2005. This was up from ...
Due diligence requirements are determined according to the NAICS codes associated with the prior business use of the property. There are 58 specific NAICS codes that require Phase I Investigations. These include, but are not limited to: Funeral Homes, Dry Cleaners, and Gas Stations. The SBA also requires Phase II Environmental Site Assessment ...
The LTSA was established under the Land Title and Survey Authority Act in January 2005 and provides for the registration of all real property ownership and land interests, and all private and Crown land surveys through two divisions: Land Title Division – ensures the continued integrity of BC’s Torrens title system for registering land ...