Title Insurance and Surveys for Commercial Real Estate: Overview | Practical Law
An overview of title insurance and surveys in the context of commercial real estate transactions, highlighting the owner's and loan policies published by the American Land Title Association (ALTA) and the surveying standards published by ALTA and the National Society of Professional Surveyors. This Practice Note also provides guidance for counsel on important title insurance and survey considerations in acquisition, financing, and leasing transactions. Although state and local laws govern title insurance and surveys, the information contained in this Note is useful and relevant in every state.