Purchasing title insurance will help protect you from these disputed title issues.
Reference Link: http://titlecompanies.net/
The survey is performed by a licensed surveyor, often or usually at the title company's direction.
Your lawyer and the bank will both examine the title search and survey for issues.
Many states require an attorney to do the closing, so your attorney will walk you through the title search and help you order the survey. Some states allow closing agents or attorneys, again, either one will be happy to discuss these issues, remember, they are working for you and the seller. Most states allow the buyer to choose the closing agent or attorney, I suggest strongly you do so.
Best wishes on your new home purchase!
Jim, American Bank
I see you are making the inquiry from New Jersey but are asking the question in the Medina, Ohio market. Each state has varying customs in regards to how real estate transactions are handled. If you are using a Realtor for your purchase in Ohio and the standard contracts, these questions will be reviewed and answered by that documentation and process. If you are buying a for sale by owner, I would hope you would consult a Realtor or Real Estate Attorney to walk you through the process. Typically in Ohio, a Title Company will do a title search and have an attorney prepare the deed for transfer. A survey may mean location survey or a full survey so be sure of what you are expecting. Most lenders require a location survey which just ensures them and the title insurance policy that there are no encroachments to protect their interest. If you are expecting a pin location and line survey you will need to indicate that in your expectations. This is just scratching the surface of the details of the process but you are headed in the right direction by asking questions. The particulars are best handled by working with a professional you are comfortable with to walk you through the process especially if you are doing the Ohio transaction long distance....it can certainly expedite the process for you and make sure your expectations are met with no surprises.