12.8.2.10 NMAC

Improvement Location Report

Last amended: 2016Year: 2016Length: 147 wordsOfficial source
A. Improvement location reporting is the preparation of an improvement location report which is a narrative report, which may be accompanied by a sketch, and which is issued only to a title, abstract or escrow company or a lending institution for their exclusive use; it shall not be represented by the surveyor as being a property boundary survey. B. If the report contains a sketch, the sketch shall contain the following words which are printed as large and as prominently as any other words upon the sketch: โ€œThis report is not for use by a property owner for any purpose. This is not a boundary survey and may not be sufficient for the survey exception from an ownerโ€™s title policy. It may or may not reveal encroachments, overlaps, conflicts in boundary lines, shortages in area, or other matters which would be disclosed by an accurate boundary survey.โ€
12.8.2.10 NMAC: Improvement Location Report | Justis AI