What is a Real Property Report?

real property report

A Real Property Report (RPR) is a legal document that provides a detailed representation of a specific piece of real estate, typically a parcel of land and the structures on it. It is commonly used in real estate transactions, particularly in Canada. An RPR is typically prepared by a licensed surveyor or land surveyor.

The main components of a Real Property Report typically include:

Property boundaries: The RPR shows the exact dimensions and boundaries of the property, indicating where it begins and ends.

Improvements: The report depicts all buildings, structures, and improvements on the property, such as houses, garages, sheds, fences and decks.

Easements and right-of-ways: If there are any legal rights granted to other parties for access or use of parts of the property, such as utility companies or neighbors, these are usually indicated on the RPR.

Compliance with zoning regulations: The RPR may show whether the property and its structures comply with local zoning bylaws and regulations, which are essential for ensuring that the property is being used in a manner that is permitted by local authorities.

Encroachments: Any encroachments, where a structure or part of the property extends onto adjacent land or into an easement, are typically documented on the RPR.

Real Property Reports are used by buyers, sellers, and real estate professionals in real estate transactions to ensure that all parties have a clear understanding of the property's boundaries, any potential issues, and whether it complies with local regulations. Lenders may also request an RPR before approving a mortgage to verify the property's legal status and boundaries. Keep in mind that the requirements for Real Property Reports and their availability can vary by location, so it's important to consult with a local real estate professional or legal expert to understand the specific rules and regulations in your area and wether or not a RPR is required, recommended or neither.

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