In a survey, if a home encroaches onto the neighbor’s lot by one foot, what should be included in the report?

Prepare for the Michigan State Title Insurance Exam. Enhance your study with flashcards and multiple-choice questions. Understand questions with detailed hints and explanations. Ace your exam!

In a survey report, it is crucial to include exceptions, particularly when a home encroaches onto a neighbor's lot. Exceptions highlight any deviations from the expected or legally defined boundaries of a property. The report must reflect this encroachment to inform the interested parties of potential disputes or legal ramifications arising from the property boundaries being violated.

Including exceptions provides transparency in the property's legal status. It ensures that potential buyers, title insurance companies, and lenders are fully aware of any possible issues that could affect ownership rights or lead to future conflicts with neighbors. Recognizing these exceptions is vital for any property transaction, as it allows for informed decision-making regarding the property’s value and the needs for further legal considerations or negotiations.

The other choices, while relevant to the context of a survey, do not specifically address the critical need to communicate the encroachment issue. Improvements refer to additions or changes made to the property, identifications relate to the formal identification of the property or its owners, and boundaries discuss the defined limits of the property but do not encapsulate the problem created by the encroachment itself.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy