Due Diligence - ALTA Survey

I'm on the debt side, but ATLA's are often a lender requirement and get reviewed by our legal counsel against the title commitment. 

A few purposes they serve:

1. Plot and disclose all title exceptions, including location of easements & areas with shared-use  
2. Validate specific improvements to the land, including number of buildings, building heights, boundary line setbacks, parking count, location of utility equipment (catch basins, manholes, fire hydrants, transformers). This data is crucial for us to ensure the conclusions in our 3rd party reports, primarily Zoning, Property Condition, and Phase I Environmental, are accurate.
3. Confirm legal aspects of the land (land area, flood zone designation, boundary lines, legal description, zoning designation).

In summary, it's primarily an instrument to determine whether a property confirms to zoning code (I.E, parking minimums, minimum setbacks, density) and confirm/visualize any claims on title.