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Stories Tagged - real property reports
May 15, 2024 | CREB
Navigating RPRs: A comprehensive guide
When it comes to real estate transactions, one crucial document that often gets scrutinized is the Real Property Report (RPR).
May 25, 2017 | Gerald Vander Pyl
Establishing boundaries
The importance of a Real Property Report when buying a house
While many documents come into play when purchasing your home, one of the most important is the Real Property Report (RPR).
A real property report is a requirement during a standard real estate transaction and, in Calgary, Alberta Land Surveyors' Association (ALSA) members complete those reports.
"A Real Property Report is a legal document that shows the boundaries of the property in question and the improvements relative to those boundaries. When I say improvements, that includes of course the house, but also the deck, shed, garage and fence that may be on the property," said Brian Munday, executive director of Alberta Land Surveyors' Association (ALSA).
Dec. 15, 2015 | Giselle Wedemire
Lay of the land
Lost in the lexicon of real estate transactions, a real property report can paint a picture that, in many cases, is worth much more than a thousand words.
An RPR, which is an essential part of real estate transactions, provides a visual and written assessment on the current state of affairs on a given property.
Performed by licensed land surveyors – and ranging in cost from $800 to $1,000 each – this report will disclose essential information such as the property line of a plot of land, recent improvements made to a property and details on any permanent structures (such as sheds, decks, houses, and garages) built on a property.
