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Make sure the shoe fits!

Owning land, particularly when it includes your home is one of the most exciting and important investments a family can make.  There are many things to consider when making this major investment, especially if it is your first real estate investment.  A real estate agent or and appraiser can advise you about the value of the property, an accountant or bank manager can advise you about financing, and a lawyer can confirm the quality of the title you will be obtaining.

However, one aspect of land ownership that is often overlooked is the preparation of a land survey to determine the exact quantity and exact location of the boundaries of the land being purchased.  Unless the property had been surveyed it is wrong to assume that the description used in the deed accurately depicts the current extent, or the limiting features of the property boundaries.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA, Used under license.