HAHN SURVEYING GROUP, INC.

2850 E. 96th Street, Indianapolis, IN 46240
tel 317-846-0840 :: fax 317-846-4298
e-mail: orders@hahnsurveying.com

Common Questions

Q. What is the difference between and SLR and a Retracement Survey?

A. Surveyor Location Reports are designed for use by a title insurance company with residential loan policies. No corner markers are set and the location of improvements is based on limited accuracy measurements. Therefore, no liability will be assumed for any use of the report for construction of new improvements. A Retracement Survey can be used for precise locations of existing improvements and construction of new improvements. All corners of the described tract are marked with a 5/8" x 24" rebar with red cap stamped FIRM 0066 or a mag nail with washer stamped FIRM 0066.

Q. Why is Errors & Ommissions (E & O) Insurance important?

A.  E & O Insurance is business liability insurance for professionals such as insurance agents, real estate agents and brokers, architects, land surveyors, third party administrators and other business professionals. An error or omission, a mistake, which causes financial harm to another, can occur on almost any transaction in any profession. This type of insurance helps to protect a professional, an individual or a company, from bearing the full cost of defense for lawsuits relating to an error or omission in providing covered Professional Services.

Q. Do I need a Retracement Survey or an ALTA/ACSM Land Title Survey?

A. An ALTA/ACSM Land TItle Survey is for a survey of real property, and the plat, map or record of such survey, to be acceptable to a title insurance company for the purpose of insuring title to said real property free and clear of survey matters (except those matters disclosed by the survey and indicated on the plat or map), certain specific and pertinent information must be presented for the distinct and clear understanding between the insured, the client (if different from the insured), the title insurance company (insurer), the lender, and the surveyor professionally responsible for the survey. A Retracement Survey can be used for precise locations of existing improvements and construction of new improvements.

















                        
 
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