rets-bc

Do you know what zoning district your property is in? Depending on your municipality, your commercial property could be in a zone that could result in a delay in your land survey transaction. Not Every Commercial Property is in a Commercial Zone Many people commonly assume that if they own[...]

When the 2021 ALTA/NSPS Land Title Survey Minimum Standard Detail Requirements went into effect on February 23, 2021, the definition of Optional Table A Item 11 was once again revised and simplified to manage client expectations. Definition of Optional Table A Item 11 Revised for 2021 ALTA Land Title Survey[...]

The 2013 ASTM Standards for Phase 1 Environmental Site Assessments (ESA) are sunsetting and are currently under revision by the ASTM Committee. Proposed Changes to ASTM Standards for the Phase 1 Environmental Site Assessment The American Society for Testing and Material (ASTM) requires a revision every eight years that fosters[...]

Transaction parties are often looking at options to save due diligence costs or expedite the delivery of reports to get projects to closing. Regarding land surveys, assumptions may be made that the prior surveyor should be able to simply add another party to the certification or update an existing survey[...]

When embarking on a construction project, teams need to plan the work and work the plan. Though the advice is simple, it can become anything but when dealing with the wide-ranging challenges present in today’s design and construction industry. Importance of Construction Scheduling The importance of construction planning and scheduling[...]

With the adoption of the revised Minimum Standard Detail Requirements for the ALTA/NSPS Land Title Survey, effective February 23, 2021, there have been clarifications, definition additions and deletions within the listing of Optional Table A Items. Modifications to Table A Items Slight modifications have been made in the ALTA Survey[...]

As anticipated, a new version of the ALTA/NSPS Minimum Standard Detail Requirements will become effective on February 23, 2021. This is the tenth edition of the Minimum Standard Detail Requirements that were recently adopted and accepted by ALTA (American Land Title Association) and NSPS (National Society of Professional Surveyors). New[...]

Why Item 21 is Blank When looking at the “Optional Survey Responsibilities and Specifications” referred to as Table A attached to the Minimum Standards, a user may question why Item 21 is blank. This was intentionally done to accommodate any time there is a need to include something within the[...]

At NV5/Bock & Clark we supply the property condition assessment reports necessary to bring a level of comfort to all parties included in a commercial real estate transaction. In some cases, a deal may require the preparation of an Equity Level Property Condition Assessment (PCA) to assist clients in understanding[...]

When considering an ALTA/NSPS Land Title Survey performed to the most current Minimum Standard Detail Requirements (2016), transaction parties must also weigh the need for any additional Optional Table A Items as part of the scope. What is an ALTA Survey Optional Table A Item? Attached to the Minimum Standards[...]