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When you buy or sell property, you will receive a considerable amount of paperwork. One item that the documents from your title insurance agent may include is a plat map. To understand this concept and what it means in the context of real estate transactions, below is a brief guide.

What Do Plat Maps Show?

title insurance agencyCivil engineers usually create plat maps, and they show the layout and features of a neighborhood. This may include a subdivision or several blocks of homes and other public features like parks. Specifically, these maps show the property lines of each lot, along with the exact location of publicly owned features like sidewalks. It can also show access to city water, sewer, or utility lines, which may be necessary for those who are purchasing a plot of land to build a new structure or add onto an existing one.

How Do You Use It?

You may receive a plat map from your title insurance agent when you purchase a home or plot of land. Developers or potential buyers can also obtain them from their local city or county office. If you are considering building on a plot of land, this map provides valuable information about the feasibility of a project. Also, it ensures that you don’t infringe on a neighboring property or any public spaces. For a current property owner, this map provides information about property lines and features and is a valuable tool if someone attempts to build within your property lines.

 

If you’re considering buying a property and want a reliable title insurance agent, contact First Financial Title Agency of Minnesota Inc. The title insurance agent has been serving homeowners, insurance brokers, and real estate agents throughout the Burnsville and South Metro area since 1989. The company provides escrow services, property title searches, title insurance, and closing services. To request a quote, call (952) 831-5010. Visit them online for more information about their services.

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