What’s an ILC?
What's an ILC?
An ILC is an inspection of a property conducted by a Colorado Professional Land Surveyor, to locate improvements in relation to boundary/deed lines. This is usually done to meet some requirements of either a title insurance company, lender, investor, property buyer or as stipulated in a contract to buy and sell real estate.
Its’ sole purpose and intention IS NOT to determine the exact legal limits of the property, but to serve as an inspection of the property to disclose any adverse matters from a land surveying perspective, such as encroachments onto or off of the property. The ILC is relatively inexpensive and provides all interested parties invaluable information about the property. (courtesy of http://www.copls.com)
The most common example I see is as a home buyer. You should get an ILC to ensure there are no encroachments by your future neighbor or by the current owner of the home you’re buying.
~$200 – $250
The surveyor will suggest getting a full survey, which costs ~2-3x what they charge for an ILC. Usually, they will apply the ILC charge towards the full survey. Once you’ve verified that there is an encroachment, you can work with all parties to resolve the issue.
There are a few types of surveys, but in general, a survey will mark all property boundaries. An ILC doesn’t actually mark the boundaries.
No. State law prohibits an ILC from being used to construct a fence. If there is not an existing fence, you should get a full survey so the boundaries will be marked and the fence can be constructed in the proper location. If there is a fence, an ILC may suffice to ensure that the current fence is on the right boundary.
Here are two companies that provide surveying services:
Colorado Professional Land Surveyors