ID Surveys

Holger Beuthien, Registered Surveyor,
Member Institution of Surveyors (NSW) ABN: 39523613641

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What is an Identification Survey Report?

An Identification Survey Report is a report prepared by a registered surveyor. The report ensures that an identified property as seen on site is the same as the property referred to in the related title. It is the only report that provides this certainty as most other professionals relying on correct information such as solicitors, valuers and lending authorities never visit the site.

Other important factors that an Identification Survey Report will reveal include:

  • The first indication that there is a defect in the title. Any defects in the title need to be corrected as soon as possible, before any issues arise.
  • Any easements which affect or are in favour of the property.
  • Any Restrictions on the Use of Land or covenants which may affect the property.
  • Proposed road widening actions which have been gazetted.
  • Registered leases.
  • Any significant visible encroachments by or upon the property.
  • Advice about compliance.

Why get an Identification Survey Report?

For Vendors:

  • There is a requirement to disclose in the property sales contract all defects and affectations revealed by the survey. If these disclosures are not provided the prospective purchaser may have the right to revoke the contract, resulting in unnecessary and costly delays in selling the property.
  • If the vendor does not provide a survey with the contract and the intending purchaser obtains a survey which discloses defects, the intending purchaser may be allowed to withdraw their offer and reclaim their deposit, once again resulting in unnecessary and costly delays selling the property.

For Purchasers

    An Identification Survey Report:
  • Provides certainty that the property identified on site is indeed the property noted on the title reference.
  • Will reveal any significant encroachments by or upon the property.
  • Will reveal existence of easements, restrictions or covenants on the title and how they may affect the property.
  • Could provide an opportunity to negotiate a lower price, or indeed to withdraw the offer to purchase altogether if the survey identifies defects not disclosed in the contract.
  • Could provide a valuable asset for obtaining finance, both now and in the future, and also for selling the property in the future.

For Lenders

    An Identification Survey Report:
  • Provides certainty that the security property is correctly described in the mortgage document. Many lenders have provided finance on the security of a particular title reference, only to realise that the title reference did not match with the property they thought was providing the security.
  • Will reveal any significant encroachments by or upon the property which may affect the value of the security.
  • Will reveal existence of easements, restrictions or covenants on the title and how they may affect the value of property.