Common use of Current Survey Clause in Contracts

Current Survey. Within fifteen (15) days from the date hereof, Seller, at Seller's sole cost and expense, shall furnish a current survey of the Property prepared and certified by a duly registered Land Surveyor. The survey as to the Property shall: a) Set forth an accurate legal description; and b) Locate all existing easements and rights-of-way (setting forth the book and page number of the recorded instruments creating the same), alleys, streets, and c) Show any encroachments; and d) Show all existing improvements (such as buildings, power lines, fences, etc.); and e) Show all dedicated public streets provided access and whether such access is paved to the property line; and f) Show the location of any easements necessary for the furnishing of off-site improvements; and g) Be certified to the Seller, the Buyer, the Title Company and any lender that may be involved in the transaction. In the event the survey or the recertification thereof shows any encroachments of any improvements upon, from, or onto the Property, or on or between any building set-back line, a property line, or any easement, except those acceptable to Buyer, in Buyer's sole discretion, said encroachment shall be treated in the same manner as a title defect under the procedure set forth of notice thereof with