Boundary Issues
A boundary issue exists when a fence, hedge or wall (property delineation features) is displaced from the property boundary by a margin significant enough to potentially provoke a dispute between neighbours. A boundary issue also exists when a physical feature (such as an addition, garage, shed, deck or pool) on one property encroaches on the boundary of the neighbour’s property.
In some areas in Canada, as many as 49% of homes sold each year have boundary issues.
This is significant to all stakeholders: the home buyer, seller, lender, realtor, broker, lawyer, title insurance company and the land surveyor as it indicates that potentially thousands of issues have gone undetected or been ignored since the introduction of title insurance. Upon the change of ownership, these issues could initiate a dispute which could lead to a costly outcomes for all stakeholders.
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From Are Surveys Obsolete or the Most Important Document in the Transaction?, by Bob Aaron of Aaron and Aaron, Toronto.
