PSI Oklahoma Real Estate Practice Test

Which document is crucial for determining property lines?

1. Title insurance

2. Property deed

3. Survey

4. Affidavit of ownership

The correct answer is: Survey

The survey is the critical document for determining property lines because it provides a precise and detailed measurement of the boundaries of a property. A survey uses legal descriptions, boundaries, and physical landmarks to map out the land, often including information about easements, encroachments, and other relevant features. It is conducted by a licensed surveyor who can accurately define where one property ends and another begins. While the property deed provides a legal description and ownership details of the property, it may not offer the practical measurement needed to assess the exact boundaries. Title insurance protects against losses due to defects in the title but does not ascertain or clarify property lines. An affidavit of ownership, while it can affirm ownership, does not contain the necessary details regarding the physical dimensions and lines of the property. Thus, when it comes to establishing property boundaries, a survey is indispensable.