3 Reasons to Use an Engineering Consulting Firm for a Property Study

Real estate professionals, business owners, and individual homeowners may need to request a property study. Real estate developers are required to complete property studies prior to implementing any infrastructure or building plans. These proactive measures ensure accuracy when filing deeds and producing owner documents to pass along to the final end users. Regardless of the reason a property study is required, many customers choose to work with an engineering consulting firm to complete the studies. Read more below on different reasons why you should use an engineering consulting firm for a property study.

 

1- Professional Expertise

 

Engineering firms that offer property studies provide much more than a professional service. Customers who utilize the expertise of a professional engineering or engineering consulting firm have peace of mind. The accuracy of results is not ambiguous or faulty. Having property studies on record makes it much easier for businesses to complete real estate transactions. Homeowners or potential buyers can rest assured that they are able to purchase or build structures on the property without concern that their decisions could be contested in the future. Accurate property studies are important for governing associations that review requests for fencing, swimming pools, and other structures to be placed or built on private property.

 

2- Reduced Liability

 

Relying on existing data when it comes to property lines could be a mistake. Commonly understood boundaries such as verbal agreements or natural easements may be inaccurate. Costly controversies can arise over property lines and many of these seemingly trivial disputes go to court each year. Choosing an engineering consulting firm to establish clear and standing property lines ensures that land surveys are conducted properly. This professional service allows any land disputes to be swiftly resolved at a local level. Property owners, homebuyers, and other interested business partners are not subject to financial liability that may result from errors related to property boundaries when studies are conducted by engineering consulting firms.

 

3- Economical Solutions

 

In cases where a property dispute is already at stake, engineering consulting firms can help interested parties reach an amicable agreement. Property studies are conducted to confirm boundaries and record any land interests in the appropriate local and state offices. This should be completed as a proactive measure in most cases but can be done at any point in a purchase or minor development transaction. Homeowners should be prepared to accurately point out property lines to potential buyers, renters, or neighbors. It is much more cost-effective to utilize the professional expertise of engineering professionals on an ad hoc or as-needed basis than to keep unnecessary staff on payroll throughout the year.

 

Sometimes a local authority requires property studies to be conducted for safety reasons, such as to determine the location of underground power lines, mineral deposits, or unused wells. Whether a property study is needed to determine the characteristics of an existing property or to determine the boundaries of a proposed purchase, a reputable engineering consulting firm should be procured. Results of investigative studies or potentially debatable land surveys can be successfully negotiated by professional engineering consulting firms.