A property survey is an inspection of a piece of land or real estate property to determine its boundaries, precise measurements, and topography. It is done to determine or confirm land boundaries, such as the plot of land a home sits on, and any sub-surface improvements, like a septic tank or well. Property surveys are an important part of the home buying process and are usually paid for by the buyer. They confirm the boundaries of a given property according to records and legal descriptions. Property surveys also identify other types of restrictions and conditions that apply to the legal description of a property, including easements or encroachments. A property survey is all about defining what’s yours and what isn’t. It can be potentially significant to know where your property ends and your neighbor’s begins, especially if you’re considering putting up a fence or resolving boundary issues with neighbors. A property survey lets you know what land you’re responsible for and where you can build, while empowering you and your mortgage lender or title company to set the most accurate terms of your agreements.