an ILC is a “plot” using “apparent deed lines” (record dimensions) relative to at least two actual corners. Some refuse to do them, some make a living primarily on doing these ( I do 4 or 5 per year if I have established the control myself and routinely pass on calls I get for these). We have tweaked the laws and rules here and there, but if we try to eliminate these from the statutes, the title company lobby and banking lobby will show up in force at the Capitol to keep them in place.
If there is a benefit, what it actually says is that a surveyor is not liable for any of the information, and a client – which is only supposed to be a bank or lender – does not have to pay to set pins because they don’t care about the surveyed boundary. And, the banks don’t want to have to deal with the inevitable pincushions and endless arguments over slivers of land that hold up their closings. If, however, the ILC reveals a potential problem, the bank is supposed to pay for the real survey.
label the calculated line as “apparent deed line” and you do not have to show a “side tie” from building corner to the calculated line. If you want you can show a side tie to the line between two monuments. While you are at it, study the laws and board rules because you will be tested. Several surveyors have had their licenses revoked for doing these NOT in accordance with the laws and board rules.
The original intent of the law brought forth by the banking and lending industry was to be a quick document assuring a lender that the house being financed is “on the lot” (or not).
These are widely misused by everyone, including many surveyors. they do NOT provide for the setting of monuments, but many surveyors set monuments or sometimes wood stakes in accordance with these. To put this in perspective, I have known realtors for decades – and they still don’t get it – their clients want a “cheap” ILC and “could I put stakes in while I’m there?”. Me: I do not set stakes for ILC’s, by law. Realtor: The client wants it, and they swear you don’t have to set them THAT close. We just need to see the corners”.
Most building departments in Colorado require an ILC showing a proposed building before a permit is issued.
Have fun and good luck!