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Who pays survey fee at closing in Texas?

Who is responsible for providing the survey? The short answer is: This is negotiable between buyer and seller. In looking at the Texas Real Estate Commission's One to Four Family Residential Contract there are three main options.

What is a GF number?

General File Number (GF Number) \u2013 and internal filing number which is assigned by title companies to individual real estate transactions.

Is a survey required for closing in Texas?

During closings, agents may need to review an existing survey and determine if it is acceptable. In Texas, per paragraph 6. C of the TREC contract, the seller is required to provide both a survey and a fully executed T-47 affidavit, and if they fail to do so, the buyer can obtain a new survey at the seller's expense.

Do you legally have to have a survey when buying house?

You don't need to get a survey done on the property you are buying. But a survey can help you avoid expensive and unwanted surprises, like an unexpected rewiring job, as well as giving you peace of mind by telling you that those hairline cracks, for example, don't mean the house is falling down.

Is a survey required in the state of Texas?

If the seller of the property cannot or does not complete and sign the T-47 affidavit, then a new survey is required. If additions or changes to the property are close to a boundary line, a new survey will likely be needed. On occasion, an owner may even be asked to sketch specific changes onto the survey.

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How do I fill out a 47 affidavit in Texas?

How to Fill out the Texas Residential Property Affidavit Form? Put the date and File Number. Identify the Affiant(s) Provide the Affiant's Physical Address. Describe the Property and Its Location. Identify the Notary Public. State Your Ownership Rights Type. Put the Date of the Last Major Changes. Provide Details (If Any)

Is a survey required in the state of Texas?

If the seller of the property cannot or does not complete and sign the T-47 affidavit, then a new survey is required. If additions or changes to the property are close to a boundary line, a new survey will likely be needed. On occasion, an owner may even be asked to sketch specific changes onto the survey.

What is a t47 affidavit Texas?

The T-47 is an affidavit that accompanies a survey in real estate transactions when the buyer and seller wish to use an existing survey rather than paying for a new one at the time of the transaction. The seller is responsible for filling out this form.

How do you complete at 47?

How to Fill out the Texas Residential Property Affidavit Form? Put the date and File Number. Identify the Affiant(s) Provide the Affiant's Physical Address. Describe the Property and Its Location. Identify the Notary Public. State Your Ownership Rights Type. Put the Date of the Last Major Changes. Provide Details (If Any)

What is a t47 form in Texas?

The T-47 is an affidavit that accompanies a survey in real estate transactions when the buyer and seller wish to use an existing survey rather than paying for a new one at the time of the transaction. The seller is responsible for filling out this form.

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