Real Property Report (RPR) Example

 

What is a Real Property Report?

A Real Property Report (RPR) is a legal document that clearly illustrates the location of significant visible improvements relative to property boundaries. It takes the form of a plan or illustration of the various physical feature of the property, including a written statement detailing the surveyor’s opinions or concerns. It can be relied upon by the buyer, the seller, the lender and the municipality as an accurate representation of the improvements on your property.

How does a Real Property Report protect you?

Purchasing a property may be the largest financial investment you ever make. With a Real Property Report, owners are aware of any boundary problems. They know whether their new home is too close to the property line, or part of their garage is on their neighbour’s land, or vice versa. Since legal complications may occur if a sold property fails to meet requirements, a Real Property Report protects the seller.

 How does municipal compliance protect you?

A Real Property Report is necessary to determine compliance with municipal bylaws. A municipality reviews and endorses the Real Property Report and indicates if the improvements meet the requirement of the local bylaws. The property owner can then resolve any outstanding issues identified by the municipality. Early preparation of a Real Property Report significantly speeds up the process of selling a property.

How long is a Real Property Report valid?

The Real Property Report is a “snapshot” of the property on the date of the survey. Changes are often made to improvements on a property or adjoining properties. These may be new or modified fences, decks, driveways, garages or other features. Only an updated Real Property Report can show their location relative to property boundaries. Changes to your title will also be shown. In many cases, it is more economical to update an existing Real Property Report.

How is a Real Property Report prepared?

A registered Alberta Land Surveyor is the only individual who can legally prepare a Real Property Report. A valid Real Property Report must bear the original signature and permit stamp of the Alberta Land Surveyor. In preparing a Real Property Report, an Alberta Land Surveyor will:

• Search the title of the subject property,

• Search all pertinent encumbrances registered against the title of the subject property,

• Search all plans related to the location of boundaries of the subject property,

• Perform a field survey to determine the property dimensions and location of improvements and,

• Prepare a plan (diagram) reflecting the results of the field survey and title research.

How much does a Real Property Report cost?

The amount of work to prepare a Real Property Report varies between properties. Lot size and shape, number of buildings, natural features, age and availability of the property boundary information all affect the cost. A Real Property Report is only a small portion of your total property investment and may help you avoid costly problems in the future. A Real Property Report does not include replacement of any property corner posts. Arrangements can be made to have property boundaries visibly marked on the ground. It is most economical to have this additional service performed at the time of the survey. Neighbouring landowners occasionally share the cost because of the mutual benefit of the Real Property Report and marking of boundaries.

Who are Alberta Land Surveyors?

Alberta Land Surveyors are professionals — current standards require a university degree followed by an articling period and a series of professional examinations. Land Surveyors are governed by provincial law with a mandate to protect the public’s interest in matters of property boundaries.

Additionally, they must be registered with the Alberta Land Surveyors’ Association. An extensive practice review program ensures surveyors maintain high professional standards.