What might be revealed by a property survey that could impact title insurance?

Prepare for the Title Insurance Producer Independent Contractor Exam. Enhance your knowledge with flashcards and multiple choice questions with hints and explanations. Ace your exam with confidence!

A property survey is a critical tool that provides a detailed measurement of a property's boundaries, easements, encroachments, and other physical characteristics. When a survey is conducted, it can reveal boundary discrepancies, which are significant for title insurance. Boundary discrepancies occur when there is uncertainty or conflict regarding the actual property lines compared to what is recorded in public records. Such discrepancies can lead to legal disputes, claims on the property, or issues with the rights of adjacent property owners. These factors directly impact the validity of the title and may necessitate adjustments or updates to the title insurance policy to address any newfound risks associated with the property.

In contrast, the other choices do not directly relate to the physical characteristics of the property that a survey would identify. Market value fluctuations and trends are more related to economic factors rather than specific property issues. Tax lien details involve financial obligations rather than property descriptions. Therefore, they do not pertain to the geographical and legal aspects that a survey would reveal, making boundary discrepancies the sole option that directly influences title insurance from the context of a property survey.

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