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Real Property Report (RPR) is an essential document that provides information about the land and its improvements, including fences, buildings, and other structures. It is a crucial document that buyers and sellers need to have during a real estate transaction. Basically, it outlines the property boundaries, any improvements, and any encroachments on the land. In this article, we will discuss everything you need to know about Real Property Report in Alberta.
Alberta has specific rules and regulations regarding RPRs, and it is important to understand them before purchasing a property or land. This document can be used to resolve disputes between neighbors, provide evidence of ownership, and assist in obtaining permits for renovations or construction.
What is a Real Property Report (RPR)?
A Real Property Report (RPR) is a legal document that outlines the property boundaries, improvements, and any encroachments on the land. It is a detailed survey that shows the location of any buildings, fences, or other structures on the land. The report is prepared by a professional land surveyor and is an essential document for any real estate transaction in Alberta.
The RPR provides a visual representation of the property, including any potential issues or concerns that may need to be addressed before a transaction can take place.
Why is a Real Property Report Important?
There are several reasons why a Real Property Report is important:
- It provides a visual representation of the property boundaries, including any encroachments or potential issues.
- It helps to resolve disputes between neighbors regarding property boundaries or encroachments.
- It provides evidence of ownership and can assist in obtaining permits for renovations or construction.
- It is a requirement for most real estate transactions in Alberta.
When is a Real Property Report Required?
A Real Property Report is required for most real estate transactions in Alberta. According to the Alberta Land Surveyors’ Association (ALSA), “An RPR is a legal document that is required by most municipalities in Alberta before the transfer of land is completed. The purpose of the RPR is to show the location of all improvements on the property, as well as any easements or encroachments.”
It is important to note that some municipalities may have additional requirements for RPRs, such as specific details or measurements that need to be included. It is recommended to check with the local municipality for their specific requirements.
What Does a Real Property Report Include?
A Real Property Report typically includes the following:
- The legal description of the property
- The property boundaries and dimensions
- The location of any buildings, structures, or improvements on the land
- The location of any easements or encroachments
- The location of any utilities or services on the property
- A certification from a professional land surveyor
The report may also include additional information or details, depending on the specific requirements of the municipality or the nature of the property.
How to Obtain a Real Property Report in Alberta?
To obtain a Real Property Report in Alberta, you will need to hire a professional land surveyor. It is important to choose a reputable and experienced surveyor who is familiar with the local regulations and requirements.
The surveyor will visit the property and conduct a detailed survey to determine the property boundaries, any improvements, and any encroachments. They will then prepare the RPR, which will include a certification and seal from the surveyor.
It is important to note that the cost of an RPR can vary depending on the size and complexity of the property. It is recommended to obtain a quote from the surveyor before proceeding with the survey.
How Long Does it Take to Get a Real Property Report?
The time it takes to get a Real Property Report can vary depending on several factors, such as the size and complexity of the property, the availability of the surveyor, and any additional requirements from the municipality.
Generally, it can take anywhere from a few days to a few weeks to obtain an RPR. It is recommended to plan ahead and allow for enough time to obtain the report before completing the real estate transaction.
What Happens if There are Issues with the Real Property Report?
If there are issues with the Real Property Report, such as encroachments or disputes over property boundaries, it is important to address them before completing the real estate transaction. This can involve negotiating with the seller or neighbor to resolve the issue or hiring a lawyer to provide legal advice.
If the issues cannot be resolved, it may be necessary to cancel the transaction or seek legal action to resolve the dispute.
Are There Any Exceptions to the Real Property Report Requirement?
There are some exceptions to the Real Property Report requirement in Alberta. According to the ALSA, “In some instances, an RPR may not be required, but this is dependent on the policies of the local jurisdiction and may require a letter of compliance or other documentation.”
It is recommended to check with the local municipality for their specific requirements and exceptions.
Conclusion
A Real Property Report is an essential document for any real estate transaction in Alberta. It provides important information about the property boundaries, improvements, and any encroachments, and can assist in resolving disputes and obtaining permits for renovations or construction.
If you are planning to purchase or sell property in Alberta, it is important to understand the requirements and regulations surrounding Real Property Reports. Hiring a professional land surveyor is the first step in obtaining this important document.
People Also Asking
Do I need a Real Property Report for a condominium in Alberta?
It depends on the specific requirements of the municipality and the nature of the condominium. Some municipalities may require RPRs for condominiums, while others may not. It is recommended to check with the local municipality for their specific requirements.
Can I use an old Real Property Report?
It is not recommended to use an old Real Property Report, as it may not accurately reflect the current state of the property. It is recommended to obtain a new RPR before completing any real estate transaction.
What is the cost of a Real Property Report in Alberta?
The cost of a Real Property Report in Alberta can vary depending on the size and complexity of the property. It is recommended to obtain a quote from a professional land surveyor before proceeding with the survey.
How long is a Real Property Report valid for?
There is no specific validity period for a Real Property Report in Alberta. However, it is recommended to obtain a new RPR before completing any real estate transaction, as the report may not accurately reflect the current state of the property.
