Why is it necessary to survey a property before a title transfer?

Surveying a property before a title transfer is crucial primarily to determine property boundaries and identify any encroachments or easements. A survey provides an accurate measurement of the land and helps establish where one property line ends and another begins. This is vital in avoiding disputes with neighbors regarding property lines and understanding any potential limitations on the property use due to easements, which grant others access or use of a portion of the land. When these factors are clearly defined, it protects both the buyer's and seller's legal rights and interests in the property.

The other options might seem relevant but do not directly pertain to the purpose of a property survey during a title transfer. Financial status, property tax status, and the physical condition of the property are important aspects of real estate transactions but are typically assessed through different means, such as financial documentation and property inspections, rather than through surveying.