Real Estate Education Series (7) ~ Surveys, Boundaries and Adverse Possession
The course on the “Surveys, Boundaries and Adverse Possession” will run on 20 October 2014, from 9:30 am to 12:30 pm in Mississauga,
What is a survey? Is it a piece of paper? Is it current? Is it relevant? Is it important? Now, that title insurance is available, how does it fit in?
How does the survey protect the seller and the listing agent? What about the buyer, should he get a new one or just pass?
There are two title opinions and two different definitions of title, one from a lawyer and another from a surveyor. Do you know the difference, if you were asked by your client?
How far down into the ground do you own, and how far up? If you found gold on your property, is it yours to keep? Is there a difference between “air space” and “air rights”?
What can you do about fences? Are they on the property line? Can you have them moved if they are encroaching on your property? Will Title Insurance pay?
Would you like to trim your neighbour’s tree? What happens if it blows down on your property in a storm? What happens if it damages your eavestrough? Who pays to have it removed from your front lawn?
Waterfront property, water lots and properties with and without riparian rights, does all of this actually affect the value of property? And, just how are your explaining these anyways? Can the public use your dock?
Is the land always moving, or is that just your imagination?
We should have some clear answers to all of these questions. If you don’t know for sure, then you should plan to spend a few hours with us, before you go to your next client meeting and start making all this stuff up in a stream of consciousness.
One final question: if you were a litigation lawyer going to Court and you could only take one document with you: the DEED or the SURVEY, which one would you take and why?
To reserve a spot please email me at BRMadigan@rogers.com