thememorandaincludedhereinareforinformationalpurposes（ thememorandaincludedhereinareforinformationalpurposes）.docVIP

T/big/big/bighe memoranda included herein are for informational purposes only, and are not intended as legal advice. Although the memoranda have been prepared by attorneys with this firm, they are not intended to constitute legal advice or legal opinions which may be relied upon. You should seek legal advice from your own attorney. No attorney-client relationship is intended with the dissemination of this information. The firm requires a written fee agreement to be executed prior to its acceptance of client representation or performance of legal services. TABLE OF CONTENTS I. An Overview A. Bundle of Rights B. Considerations of Purchase C. Due Diligence Investigation D. Title Commitments and Surveys II. Definition, Purposes and Terminology A. Definitions B. Purpose C. Terminology III. Land Surveying in Texas IV. Selecting and Hiring A Surveyor V. Review of Survey A. The Legend B. The Legal Description C. The Map D. The North Arrow E. General Notes and Symbols F. Access G. The Certificate VI. Conclusion SURVEYS I. An Overview A. Bundle of Rights. Real estate law practitioners are trained to view real property not only as the physical property, the “dirt, and the bricks and sticks”, but also as the “bundle of rights” which the owner may exercise with regard to the dirt and bricks and sticks. This “bundle” includes(among other rights) the right to use of the surface and the airspace, the right of lateral support from the adjoining owner, the right to explore, drill and produce mineral substances, and the right to convey a portion or all of the “bundle”. On nearly all parcels of land, the exercise by the owner of the rights in the “bundle” is restricted. A parcel may be encumbered by deed restrictions that prohibit certain uses, such as “no commercial use”. Deed restrictions may prohibit all but certain specified uses, such as “single family residential only”. There may be easements that burden