Fla. Admin. Code Ann. R. 62-819.006 - Certified Survey
(1) At least 30
days prior to closing, a Certified Survey must be submitted to the Trust for
final approval to rectify acreage and title issues against the title
commitment, the negotiated Purchase Agreement and the Appraisal(s) used to
determine the maximum amount.
(2)
In cases where a Certified Survey cannot be practically completed or where the
cost of the Certified Survey would be prohibited relative to the expected value
of the real property, the requirement for such Certified Survey may, in whole
or in part, be waived by the Recipient and the Trust. Such a waiver shall be
requested by the Recipient at the time of Project Plan approval.
(3) The Certified Survey shall be prepared
according to the Minimum Technical Standards for Land Surveying and such
additional requirements as may be determined by the Trust and the Recipient to
be necessary to meet the intent of the statute and this rule chapter. The
Certified Survey shall accurately portray to the greatest extent practicable
the condition of the real property as it currently exists. The survey must have
been certified within 90 days of the closing on the property unless this
requirement is waived by the title insurer for the purpose of deleting the
standard survey exception from the owner's title insurance policy.
(4) If a Project Site includes associated
water bodies, a Safe Upland Line, as opposed to a surveyed mean or ordinary
high water line, shall be an acceptable line for determining the acreage upon
which the purchase price of the site to be acquired is based.
(5) The Certified Survey shall be approved by
the Trust as being in compliance with the requirements of this rule
chapter.
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