A new survey is always required for all transactions:

Study for the Texas Promulgated Contracts Exam. Gain understanding with detailed explanations and various question formats. Prepare effectively and ace your test!

A new survey is not always required for all transactions involving real property. The necessity for a new survey typically depends on several factors, such as the specifics of the property being transferred, any changes in property boundaries, or if existing surveys are deemed insufficient or outdated. In many cases, existing surveys can be utilized if they are current and relevant to the transaction at hand.

Real estate professionals often rely on previously completed surveys to assess property boundaries, easements, and encroachments, making it feasible to skip a new survey unless significant changes or concerns are present. Therefore, understanding that it is not a blanket requirement helps streamline the transaction process and reduces unnecessary costs for buyers and sellers.

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