Abstract: This is a report on investigation carried out in order to determine the way and manner building survey is practiced in Nigeria. An investigation on the curriculum of many tertiary institutions that run building programme, method of carrying out building survey in Nigeria, its use and whether or not there is an enabling environment that would ensure its proper use in the building industry. Besides that as a multidisciplinary subject, the perception and level of participation of all professionals in the building industry was assessed. The method used for carrying out the study was through the use of well structured questionnaires, oral interviews and the study of documents especially the syllabus of building programmes in universities and polytechnics and planning laws in some states of the federation and some of the building survey reports prepared. Results showed that students do not receive adequate training for the practice of building survey in most of the tertiary institution, there is also no standard format followed in carrying out building survey in Nigeria, also clients are not taking advantages that building survey offers as 63% of respondents have shown that building survey report is not used as part of collateral. Also, using a Likert scale of 1-4 on the reasons for carrying out building survey, the following results were obtained: use of building survey when a property is to be sold is 4.0, while the use of building survey when there is a problem with foundation is 3.84 and the use of building survey when there is fear of collapse of building is 3.65. Results also showed that building survey is beneficial to financial institutions and that the overall perception of building survey from all the groups of respondents has shown that most professionals are aware of building survey and the benefits derived from it and they view building survey as a basis for good maintenance work as well as one of the viable means of forestalling building collapse in Nigeria. However, it is not practiced as it ought to as such, it was recommended that government and professional bodies should regulate the practice of building survey in Nigeria.