If you have a existing survey and have not added pool, room addition, deck or other major improvements then the title company and lender will often times accept the existing survey along with a T-47. Be sure to watch the dates in the contract for getting that information to the title company to avoid costly mistakes.

If you do not have an existing survey or the lender will not accept your current survey, then the buyer will need a new one in order to get a loan on the property. Who pays for the survey is a negotiable term in the contract.