New 2021 Minimum Standard Detail Requirements News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Thursday, March 4, 2021
Effective February 23, 2021, the 2016 Minimum Standard Detail Requirements for ALTA/NSPS Land Title Surveys (the “2016 Standards”) were replaced by the new 2021 Minimum Standard Detail Requirements (the “2021 Standards”). Moving forward, all ALTA surveys prepared in connection with contracts executed on or after February 23, 2021 must comport with the new 2021 Standards. The 2021 Standards can be accessed here.
The 2021 Standards include the same eight sections as the 2016 Standards that detail the minimum requirements for ALTA surveys, along with the separate “Table A” optional survey responsibilities and specifications that may be requested (and negotiated) by the parties. However, several revisions were made throughout with the most significant ones being set forth below, as compared with the formerly-utilized 2016 Standards. ....

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