Extract Data From Legal New York Mortgages Forms For Free

A property boundary survey is a fundamental report that establishes a parcel's perimeter and guarantees it coincides with its legal description. This survey type is also called a title or mortgage survey because title companies require them at mortgage closings to ensure a property is free of encroachment concerns.

Each city has an office or agency where people may search for data when it comes to any residential or commercial property in New York. The documents are typically kept at the town hall, the county's courthouse, or the county recorder's office.

There is no universal rule or law that says who pays for a land survey in a real estate transaction. As a rule of thumb, the person who requests the survey is the one that pays for it. That means if you are selling a property and the buyer wants a survey of your land, they are responsible for paying.

This web page provides information about using the City Register Office. Please contact the Richmond County Clerk for properties on Staten Island. Property records are public. People may use these records to get background information on purchases, mortgages, asset searches and other legal and financial transactions.

For a rough idea of what you might have to pay, an average land survey is usually around $500. However, this price can easily rise to over $1,000 for a larger piece of land. To get a more accurate idea of the costs for your survey project, contact Scalice Land Surveyors for a free quote.

The NYC Mortgage Recording Tax (MRT) is 1.8% for loans below $500k and 1.925% for loans of $500k or more. The MRT is the largest buyer closing cost in NYC. How much Mortgage Recording Tax you pay is based on the size of your loan as opposed to the purchase price.