New Mexico Administrative Code
Title 12 - TRADE, COMMERCE AND BANKING
Chapter 8 - TRADE PRACTICES AND REGULATIONS
Part 2 - MINIMUM STANDARDS FOR SURVEYING IN NEW MEXICO
Section 12.8.2.10 - IMPROVEMENT LOCATION REPORT

Universal Citation: 12 NM Admin Code 12.8.2.10

Current through Register Vol. 35, No. 18, September 24, 2024

A. Improvement location reporting is the preparation of an improvement location report which is a narrative report, which may be accompanied by a sketch, and which is issued only to a title, abstract or escrow company or a lending institution for their exclusive use; it shall not be represented by the surveyor as being a property boundary survey.

B. If the report contains a sketch, the sketch shall contain the following words which are printed as large and as prominently as any other words upon the sketch: "This report is not for use by a property owner for any purpose. This is not a boundary survey and may not be sufficient for the survey exception from an owner's title policy. It may or may not reveal encroachments, overlaps, conflicts in boundary lines, shortages in area, or other matters which would be disclosed by an accurate boundary survey."

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