I get this question all of the time. It is not easy to answer, but I will try.
How old is your survey? The statute of limitations is generally four years, so if your survey is over four years old, no one would be liable for a problem with the survey. Lets face it, this is all about liability. The title company and the lender are using the survey to decide if the property is unemcumbered.
Who did your survey? The average age of a surveyor in the State of Texas is close to the retiremenet age and I have seen about three companies close due to the economy over the last three years just in my area alone. If the surveyor that sealed your work is out of business or retired, who will be liable if there is an issue?
A survey has a natural copyright. Like software or games or movies, copies should not be made or used except for the initial transaction. If you reuse the survey, you will likely waive any liablity or warranty the survey carried. Saxon Surveying certifies to one entity for one transaction. We also carry professional liability insurance which is very expensive, but it protects me and protects my clients.
A current survey by a registered professional land surveyor that carries professional liability insurance and a current title policy with the survey deletion ( this means the title company is insuring the property that is described by the current survey) is the best peace of mind you can have when you purchase real estate.
Saxon Surveying, Inc
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http://www.saxonsurveying.com/
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