What is a survey number in deed?

I believe many people are familiar with the term "land survey", even if they're not in the real estate industry. Even those who are, they may not pay much attention to what a land survey is, perhaps considering it a distant concept. However, a land survey is more important than many people think. A land survey, or land certificate, is an important document that identifies the shape and location of a particular piece of land. It allows us to determine its size, extent, and outline. It also provides an overview of other land parcels and other important points in the surrounding area. With the information contained in a land survey, real estate investors can utilize it to their advantage in various investment areas, as follows:

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1. Use land surveys to find quality land

For investors who want to invest in land, whether for future appreciation or for further development into residential or commercial areas, land surveys make it easier for them to assess locations and select good land. Land surveys provide investors with a clear view of the land's shape. See the starting and ending points of the land, as well as whether each side of the land borders a road, is a dead end, and is the area suitable for housing.

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2. Use the land title deed to resolve land disputes.

It's a common occurrence that we hear about encroachment, extensions, and construction of buildings and other structures that encroach on other people's land, leading to disputes and litigation, which wastes time and money. These disputes can be greatly reduced, or even eliminated, if existing developments on the land strictly adhere to the information on the land title deed. Investors who understand land title deeds can effectively use the land title deed to plan real estate development in the area so that it doesn't encroach on other people's land, while also preventing others from encroaching on their land.

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3. Use the land title deed to request land appraisals.

For investors seeking beautiful plots of land for speculation or further development, the first key to maximizing profits is purchasing prime land at the best price. Land title deeds are essential. It can be used as a supporting document for accurate land appraisals, as the land title deed clearly and completely specifies land information.

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Many real estate investors often neglect to consider the importance of various documents due to their detailed and voluminous nature, as well as their legal implications. However, if our goal in real estate investing is to achieve success, it is crucial to carefully consider and thoroughly study the documents. The land title deed is one of the most important documents that all real estate investors should not overlook.

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Thank you for the excellent information from REIC.