What information is provided by a "property survey"?

A property survey provides a measurement and mapping of property boundaries, which is crucial for various reasons in real estate processes. This documentation outlines the precise dimensions of the property, identifies the location of structures in relation to the boundaries, and delineates easements or encroachments that may be present.

Understanding the exact boundaries of a property is essential, particularly in preventing disputes with neighbors regarding property lines and ensuring that developments or modifications comply with local zoning laws. Property surveys also play a vital role in transactions, as buyers and sellers need clear confirmation of what is included in the sale and where boundaries lie.

The other options do not accurately depict what a property survey entails. For instance, financial analyses, tax obligations, and market value assessments focus on fiscal aspects of the property rather than its physical dimensions and boundaries. Thus, the option about measurement and mapping is the only one that aligns directly with the purpose of a property survey.