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What is the purpose of a property survey?

  1. To identify the historical background of the property

  2. To determine the boundaries and dimensions of a property

  3. To estimate the market value of the property

  4. To assess the condition of the property

The correct answer is: To determine the boundaries and dimensions of a property

The purpose of a property survey is primarily to determine the boundaries and dimensions of a property. A property survey provides a detailed map or drawing that delineates the exact lines of a property, showing its size, shape, and location in relation to surrounding properties and features such as roads, bodies of water, and easements. This information is essential for various reasons, including confirming property lines for buying or selling real estate, resolving disputes between neighbors regarding boundary lines, and ensuring that improvements or developments comply with local zoning and land use regulations. The other options focus on aspects that are distinct from what a property survey accomplishes. For instance, identifying the historical background of the property pertains to its past ownership and uses, which is not the focus of a survey. Estimating market value involves appraisals based on various factors like condition, location, and market trends, rather than physical measurements of property boundaries. Assessing the condition of the property relates to its physical state, including structural integrity and necessary repairs, which is outside the scope of what a survey provides. Thus, the correct understanding of a property survey clearly focuses on defining and verifying boundaries and dimensions.