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SurveyThe measurement of the boundaries of a parcel of land, its area, and sometimes its topography.Survey Similar MatchesQuantity Survey MethodQuantity Survey MethodAlso called "price take-off" method. A process of arriving at an estimate of new construction costs by a detailed estimate of quantities of necessary building materials plus labor costs. Independent surveyors reportIndependent surveyors reportA survey will tell you exactly what work needs to be done to the building and whether there are any problems with the property you didn't know about. This can help avoid unpleasant and costly surprises after you have moved in. As the buyer, it is your responsibility to find out what you are committing yourself to. The seller has no liability whatsoever once the purchase is complete. Value Line investment surveyValue Line investment surveyA proprietary service that ranks stocks for timeliness and safety. Building surveyBuilding surveyAlso known as a full survey, this is the fullest and most comprehensive of the options open to the property buyer. It involves an extensive investigation of the property and a thorough examination of all the major aspects and minor details that are visible. There is some flexibility as you can request the surveyor to concentrate on specific features of the property. It is most suitable for larger, older homes with more potential for problems and those more than 75 years old, property over three stories in height, buildings of unusual construction (such as thatched, timber etc.), or if you plan to extend, convert or renovate the property. A full structural survey can cost you anything from £400 to £1000. |
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