A buyer is buying property and suspects a neighbor's fence is partially on the property that is being purchased. The buyer's licensee should advise the buyer to have

While appraising the property is important for understanding its market value, it does not address the specific issue of boundary lines or encroachments. An appraisal focuses on overall value rather than precise measurements or property disputes, making it an inadequate solution for the buyer's concerns about the neighbor's fence.

Notifying the title insurance company about the encroachment may provide some legal coverage, but it does not resolve the boundary issue itself. Listing an encroachment does not provide the buyer with the necessary information about the exact location of property lines or how to rectify any potential disputes with the neighbor.

Listing an encroachment as an exemption in the title policy may protect the buyer from future claims, but it does not solve the immediate problem of determining property boundaries. Such a listing could potentially create complications in the future and does not provide the buyer with a clear understanding of their property lines.