Plastic Mylar Survey (mortgage, loan, lawyer) - Maine (ME) - City-Data Forum

JLynn35 · 11-04-2009, 04:46 PM

Could anyone tell me what the benefit is to having a plastic mylar survey recorded with the Registry of deeds when purchasing a piece of land?

Our lawyer feels this is a very good thing to do, I've never heard of anything like this before.

Thank you in advance!

tcrackly · 11-04-2009, 04:52 PM

Some new type of documentation?

AustinB · 11-04-2009, 05:03 PM

You should always have your legal survey registered at the registry of deeds. They are usually printed on mylar. Usually the only surveys that are not registered, are surveys that don't come out in the clients favor.

JLynn35 · 11-04-2009, 05:24 PM

Hmmm....I am wondering is it just a matter of what type of material the survey is printed on. Is it worth $400 for the plastic Mylar or is it a matter of having the survey itself recorded, whether paper or plastic. I should have asked for a clarification, which I can do tomorrow morning.

tcrackly · 11-04-2009, 05:25 PM

Exactly when did they start registering the plastic mylar docs ? I would imagine odds are that most registered deeds in Maine are otherwise.

retiredtinbender · 11-04-2009, 05:32 PM

I have seen mostly large surveys on paper and not too many in mylar. Registering at the county registry has the same purpose as doing a deed. It is on file and official. It is also public acessable for those that know of it which is usually not a big deal. Except for, as AustinB so wisely stated, surveys that don't come out in the clients favor. Those are usually forgotten about. Go figure

Submariner · 11-04-2009, 05:42 PM

I agree that if you have a survey done, it should be recorded with the deed.

Having a new survey done is not standard practice with each purchase of land.

When you buy land, if you are happy with the previous survey then there should not be a need to re-survey it.

If a previous property is being chopped up into smaller parcels, then it would be smart to have each of those smaller parcels surveyed and recorded.

AustinB · 11-04-2009, 05:45 PM

Actually you are correct. The plastic mylar was what you made your copies from. Now, I'd imagine they are just sent to the printer from the computer.

AustinB · 11-04-2009, 05:47 PM

Not all properties have been surveyed. A mortgage loan inspection is sometimes confused as a survey.

AustinB · 11-04-2009, 05:49 PM

Quote:

Originally Posted by JLynn35

Could anyone tell me what the benefit is to having a plastic mylar survey recorded with the Registry of deeds when purchasing a piece of land?

Our lawyer feels this is a very good thing to do, I've never heard of anything like this before.

Thank you in advance!

Did the lawyer actually say 'plastic mylar' survey?