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 the property boundaries. It takes the form of a plan or illustration of the various physical features of the property,
including a written statement detailing the surveyor’s opinions or concerns.
What are the benefits of a Real Property Report?
- Problems are identified and can be resolved before a sale is finalized.
- Owners know accurate locations and dimensions of buildings, improvements, Right-of-Ways, and encroachments relative
to the boundaries of their properties. - Purchasers know the physical dimensions of the property.
- Financing usually requires verified survey information.
- Property transactions are simplified.
- Development and building permits require boundary information.
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 requirements 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 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 neghbour’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.
What is shown on an RPR?
- Location and description of all relevant Dwellings, Accessory Buildings, Sheds, and improvements situated on the property
- relative to the location of the property boundaries.
- Location and dimension of any visible encroachments onto, or off of, the property.
- Right-of-Ways, Easements, and Restrictive Covenants located on the Property.
- Improvements to be shown are outlined in Part D, Section 8.5 of the Manual of Standard Practice, which can be found at:
www.alsa.ab.ca. - Municipal requirements.
- And more.
Example of a Real Property Report (RPR)