🐮 What Is Alta In Real Estate

An Alta Survey is a comprehensive land survey that provides detailed information about a property beyond what a typical boundary survey would show. The survey includes information on property boundaries, improvements, easements, encroachments, and other features that could impact the property’s use or value. There are 4 types of ALTA statements made according to their unique recipients. These four types of statements are: ALTA Statement for the Seller. A statement of cost components that the seller is supposed to receive. ALTA Statement for the Borrower/Buyer. ALTA statement with the same cost components made exclusively for the buyer. lnDxWYS.

what is alta in real estate