Mortgage and title insurance companies require an “I.L.C,” or an Improvement Location Certificate, to be sure there are no boundary or encroachment problems associated with the property, before they provide a loan or insurance. If a Seller has built an addition, popped the top, built a new garage, etc., since they purchased the home, an ILC will be required to ensure there are no problems with the new construction in relation to the property boundaries.
What an I.L.C: is:
- An I.L.C. locates improvements and their relationship to a parcel of land. Examples of improvements would be: Residence, sheds, patio decks, overhangs, driveways, walks, wells, retaining walls, etc.
- An I.L.C. shows he size and shape of a parcel of land according to the description provided in the deed.
- An I.L.C. shows types of easements that are found within the parcel being certified. For example, portions of land reserved for utility, water, sewer, electric, telephone, gas, drainage, or access.
- An I.L.C. is an official document that must be signed and sealed by a professional land surveyor registered in the State of Colorado.
- An I.L.C. shows encroachments, such as a building built partially to totally within an easement, a driveway built partially or totally on a neighboring parcel of land. Or a neighbor’s building constructed totally or partially on the land shown on the I.L.C.
What an I.L.C. is not:
- An I.L.C. is not a complete survey which determines the exact location of boundary lines.
- An I.L.C. does not establish property corners, nor does it replace them.
- An I.L.C. is not to be used to establish property lines, nor should it be relies upon to locate future improvements.
In some cases, more extensive surveying may be required to
clarify or resolve problems discovered when surveying for an I.L.C.