A Real Property Report, RPR, is a very important document in real estate as almost every real estate transaction requires you to have an RPR. However, not everyone knows everything there is to know about an RPR.
In this article, we’ll browse over all the details of an RPR, including a brief description of how to read it.
What is an RPR?
An RPR can be thought of as an advanced drawing of your property, displaying the boundaries of the property and the buildings and structures around the property. This document is prepared by the Alberta Land Surveyor, and also includes a legal description of the property, helpful in understanding its exact location.
If you’re planning to do anything with your property, be it buying or selling it or undertaking developmental plans, having an RPR is incredibly essential.
Specifications Included In An Rpr
- A legal description and address of the property
- Date of Land title search, and the date of preparation of the RPR
- Name of the owner, and a certificate of title number
- Description of all buildings and structures, as well as any visible encroachments.
- Presented with dimensions, directions and boundaries.
- Location of adjoining properties, including buildings and roads.
- Validation from the municipality and compliance with the necessary bylaws
- Certification from a land surveyor, in addition to their opinion regarding any concerns.
- Copyright of the RPR
Classifying Real Property Reports
RPRs can be classified into two types, current and existing, although there’s no technical difference in either. A classification adds to the ease of understanding.
An existing RPR is a report that shows the details of a property when it was last recorded. If there aren’t any changes made since the report, one can use this document without any issue. However, if there have been any changes in regards to the property, it’s better to contact a surveyor and get the RPR updated. Only an updated RPR can be used for any real estate transactions.
An updated RPR is often referred to as a current RPR, as it shows all the latest improvements about a property. This document complies with the current state of the property and represents all the details of it accurately.
Read Your RPR Carefully
An RPR can show any non-compliance issues recorded during the examination, and these issues have to be resolved before you decide to take any action with the property. While there can be a variety of issues, they normally fall under two brackets.
An encroachment is a typical occurrence in an RPR, which is recorded when the owner of property extends beyond the property boundary of the adjoining property owner, with or without their consent. If the other owner has no issues with this encroachment, both the parties can enter into an Encroachment Agreement, agreeing to allow the encroachment. If they don’t, the other owner will have to remove the structure under question.
A relaxation is similar to an encroachment, with the only difference being the involvement of the municipality. If an owner builds a structure too close to municipal property, they will have to request a Relaxation permit that allows the structure to exist. If the permit is not granted, the owner will have to remove the structure on the property.
Getting a Real Property Report in Alberta
If you’re thinking of selling your property, it’s always best to have an RPR issued in advance, so that you can take care of any issues that may come in the report. Core Geomatics, with their years of experience, can help you get an accurate Real Property Report in Alberta.