Wednesday, October 21, 2009 What is a Real Property Report? Is it important?by Ben Officer on Wed, Oct, 21, 2009 11:38 AM
As a home-owner, or prospective home-owner you have a lot of information to sort through. One item is the Real Property Report (RPR). It can also be called the Survey. The Alberta Land Surveyors’ Association defines it as: “A Real Property Report is a legal document that clearly illustrates the location of significant visible improvements relative to property boundaries.” When you are purchasing or selling a home or bareland condo you need to understand what an RPR is and how it can affect the transaction. Basically, its a report on the location of any structures, decks, sheds, and land locations of your property. Once the report is completed by a survey company, it is sent to the city or county to make sure all of the information complies with their regulations. A current RPR is normally required in most cases for the sale of a home. When you are looking to purchase or sell a home it’s important to talk to your REALTOR® early about the RPR, so you get advice on how to handle the situation and who to consult with further, to ensure a smooth purchase or sale. We have the experience to handle issues like the RPR. You can find out more from the brochure at the Alberta Land Surveyors’ Association website at: http://www.alsa.ab.ca/uploads/files/PDF/ALSARPRBrochure.pdf Ben Officer, CD REALTOR® RE/MAX Real Estate (Edmonton) |
| *** The author of this blog, Ben Officer, is a licensed REALTOR® in the province of Alberta. The opinions expressed within this blog are those of the author and are simply that, opinions. The views expressed in this blog are not intended to advise you, as your needs may differ depending on your particular situation. The information provided in this blog is not guaranteed to be accurate and is subject to change at any time. For legal advice/information, please consult a lawyer. For mortgage advice/information, please contact a licensed Mortgage Associate. For tax advice/information, please consult an accountant. For investment advice/information, please contact a financial advisor. *** Blog Disclaimer - The information contained within this blog and posted by the author is believed to be true but cannot be guaranteed to be so. The author of this blog takes absolutely no responsibility for the comments posted by third parties on this blog. |
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