Wednesday, December 21, 2011

Mortgage Certificate

Mortgage Certificate

Also called: Mortgage Inspection, Mortgage Report, Mortgage Survey...

A Mortgage Survey is a simple survey that generally determines land boundaries and building locations. Mortgage Survey is usually required by title insurance companies and lending institutions when providing financing. Certificate shows that there are no structures encroaching onto the property, and that the position of structures is generally within zoning and building code requirements.

A Mortgage Certificate (Survey) is not a Boundary Survey or Property Line Survey and it shall not be used to establish property lines, easements, etc. Property markers are not set.


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