American Land Title Association (ALTA) Practice Exam

Question: 1 / 400

What is a requirement for a title insurance company to accept a survey of real property?

Certain specific and pertinent information

A title insurance company requires certain specific and pertinent information from a survey of real property to ensure accurate assessment of the title risks associated with that property. This information typically includes details about property boundaries, easements, encroachments, and any improvements made on the land. The survey acts as a key tool in helping the title insurance company assess potential claims related to title defects or disputes over property lines.

The accuracy and completeness of the data on the survey are critical because they inform underwriting decisions and liability for any title issues that might arise in the future. Thus, having the correct and relevant data is essential for the title insurance company to protect its interests when issuing a policy.

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Approval from local regulatory agencies

A detailed historical analysis of the property

Consent from all neighboring property owners

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