2021 ALTA/NSPS Survey Standards: What Developers and Lenders Should Know

Real Estate and Land Use attorneys Diane McDermott, Maria de la Motte and Dianne Phillips co-authored an article for the Environmental Bankers Association highlighting key regulatory changes of which developers, lenders and other survey clients and users should be aware. The American Land Title Association (ALTA) and the National Society of Professional Surveyors (NSPS) updated the Minimum Standard Detail Requirements for ALTA/NSPS Land Title Surveys (the “Standards”) earlier this year. The stated purpose of the Standards is to promote a clear understanding between the insured, the client (if different from the insured), the title insurance company, the lender, and the surveyor professionally responsible for a survey of real property, and the 2021 Standards aim to further this goal.

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