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Survey Matters (ILC vs. ISP)

By
Real Estate Agent

Questions are often raised about surveys as they may or may not apply to your closing.

There are several different types of surveys available, however, I'd like to highlight the difference between an ILC and ISP

Improvement Location Certificate (ILC) Typically used for single family homes is urban or suburban area, the ILC is the simplest report and least expensive. An ILC identifies the general location of lot lines based on the legal description, but it is not a precise survey. ILC also shows improvements, encroachments, and easements based on their relationship to the estimated property lines. If property owner intends to make improvements to their property or if a boundary dispute occurs, an ILC is NOT LEGALLY RELIABLE to solve discrepancies.

Improvement Survey Plat (ISP) - An ISP is a land survey plat which also shows the location of all structured, visible utilities, fences, hedges or walls situated on the described parcel and within five feet of all boundaries. An ISP also indicates any conflicting boundary evidence or visible enrollments, along with all easements, underground utilities, and tunnels for which property recorded evidence is available.

Elena Keil

Broker Associate /Coldwell Banker

www.elenacoloradohomes.com