My dad is in declining health, and our small ranch is about to be inherited by 4 children as undivided interest. We will likely set up an LLC after his passing. Is there any reason to survey it? There are no liens, and the title is clear.
Martin Cash said:
Only three reasons to survey:
Selling
Borrowing money on it
Dividing it among heirs
Damn. That's significant. Are you able to share any other details on exactly how this happened?normaleagle05 said:Martin Cash said:
Only three reasons to survey:
Selling
Borrowing money on it
Dividing it among heirs
I bet my client who lost 34 acres of developable College Station ISD land to adverse possession would like a word.
Wvpd0707 said:
I would recommend to know the exact number of acres. Inherited land from my mother that was purchased by my grandfather in 1942. Property was never surveyed. Siblings and I decided to get the land surveyed to keep from having any possible issues when we decide to sell the property. Survey showed we actually owned 14 acres more. Also discovered a fence line discrepancy.
Will. We are forming an LLC.Agilaw said:
Not necessary at this time. On another note, it looks like the estate plan is to transfer the property through a will/probate?
Vara - Spanish land measurement 33-1/3 inches. Very common in central and south Texas.ToddyHill said:
B-1 83...so sorry to hear about your Dad's declining health.
Like many on this forum, I don't think there is a need to survey the property. However, I do think at one point you may want the land to be surveyed.
Many years ago, my wife's grandfather died, and the land passed to her mother. Literally, the land had not been surveyed since the 1900's, as it's been in the family longer than that. The most recent survey from way back when was done with a unit of measurement called a 'Vera,' which I understand was common with Texas land grants.
Out of curiosity, and estate planning, my Mother in Law had the property surveyed. Needless to say, the old survey was not accurate, and the new survey (this was back in the early 90's), showed there were considerably more acres than thought.
Good luck on this issue, and again my condolences on your Dad's health.
Ribeye-Rare said:Damn. That's significant. Are you are to share any other details on exactly how this happened?normaleagle05 said:Martin Cash said:
Only three reasons to survey:
Selling
Borrowing money on it
Dividing it among heirs
I bet my client who lost 34 acres of developable College Station ISD land to adverse possession would like a word.
Thanks. May I assume the bad surveyors were hired by the party who 'lost' the property and not by an adjacent landowner?Quote:
Don't let other people fence your place for a long time AND don't hire bad surveyors that are just gonna follow those fences. Those were both failure points in that deal.
normaleagle05 said:Ribeye-Rare said:Damn. That's significant. Are you are to share any other details on exactly how this happened?normaleagle05 said:Martin Cash said:
Only three reasons to survey:
Selling
Borrowing money on it
Dividing it among heirs
I bet my client who lost 34 acres of developable College Station ISD land to adverse possession would like a word.
Don't let other people fence your place for a long time AND don't hire bad surveyors that are just gonna follow those fences. Those were both failure points in that deal.
It's public record now but I'm not going to post a direct link to it here. You can find it if you look hard enough.
Ribeye-Rare said:Thanks. May I assume the bad surveyors were hired by the party who 'lost' the property and not by an adjacent landowner?Quote:
Don't let other people fence your place for a long time AND don't hire bad surveyors that are just gonna follow those fences. Those were both failure points in that deal.
In this case yes, but a similar issue can come from either side.
If the former, does the surveyor have liability in a case like this?
Yes, but only until the 10 year statute of repose has run out.
Let's say, just for the sake of argument, that a previous surveyor did in fact err and drove his stakes on a line that was not the 'true' property line.Quote:
These surveyors need to be reminded our job is to follow the footsteps of the previous surveyor, not the fence builder.