Monitoring and surveying for secured lending involve assessing the value, condition, and risks of a property used as loan collateral. Lending institutions or surveyors regularly monitor the property's value and condition to ensure it remains suitable as collateral. Surveyors conduct detailed property assessments, including inspections, to evaluate its condition and market value. These processes help lenders make informed decisions about loans, mitigate risks, and protect their interests. They also benefit borrowers by ensuring fair loan terms and uncovering any property issues. Overall, monitoring and surveying provide a comprehensive understanding of the property's condition, value, and risk to ensure loan security.