Common use of Current Survey Clause in Contracts

Current Survey. An updated Survey if required by the Title Insurance Company or the Agent after approval of the initial survey. The Agent shall require updated surveys only to show completed foundations and, upon completion, to show the Improvements "as-built", unless the Agent shall reasonably believe that there exists any encroachment, any matter which might materially and adversely affect title to the Project, or any material deviation from the Plans and Specifications, in which event additional updated surveys may be required by the Agent;