American Land Title Association (ALTA) Practice Exam

The correct answer emphasizes that providing complete ownership history is not an explicit requirement of an ALTA NSPS Land Title Survey. The ALTA NSPS standards focus on physical and survey-related aspects of a property rather than historical ownership data.

An ALTA NSPS Land Title Survey is primarily concerned with identifying existing property boundaries, improvements, easements, and other physical features that impact the land being surveyed. The requirements highlight the need for details regarding distances and directions to ensure precise delineation of the property, as well as addressing any significant discrepancies in dimensions that may impact the understanding of the land's legal description. Additionally, the survey must state whether the property description mathematically closes, meaning that the boundaries effectively lead back to the starting point without any discrepancies.

While ownership history is certainly important in the broader context of real estate transactions and title insurance, it is outside the direct scope of what is required in an ALTA NSPS survey. This distinction is crucial for understanding the purpose and focus of such surveys.