ALTA Practice Exam – Complete Prep Resource

The role of the surveyor in relation to the title insurance company and the lender is primarily to provide a clear understanding of survey results. This involves interpreting various aspects of a property, such as its boundaries, easements, encroachments, and any potential zoning issues. The surveyor's findings help both the title insurance company and the lender assess risks associated with the property that may affect its value and insurability. By delivering accurate and detailed survey results, the surveyor ensures that all parties involved have a comprehensive view of the property’s status, which is crucial for making informed decisions regarding title insurance policies and loan approvals.

While maintaining client confidentiality is important, it is not the distinguishing function of the surveyor in this context. Drafting title insurance policies is a task typically performed by the title insurance company or its legal team, not the surveyor. Reporting findings without interaction does not reflect the collaborative nature of the surveyor's role, as they must engage with both the title insurer and lender to clarify the implications of their findings.