If you’re a homeowner in Calgary, Alberta, looking to sell your property or ensure that you’re within your property’s boundaries, a Real Property Report (RPR) is a document you must familiarize yourself with. The RPR is essentially a detailed survey of your property, encompassing various crucial elements and features that can impact the property’s value and saleability.
Key Components of a Real Property Report
A comprehensive Real Property Report in Calgary includes a survey of the main structures on the property, such as the house, garage(s), fences, larger sheds, and driveways. It also identifies essential elements like encroachments, easements, right-of-ways, and other potential restrictions.
Responsibility of Sellers
As a homeowner looking to sell, it’s your responsibility to provide an up-to-date Real Property Report to potential buyers. Most real estate contracts in Calgary require a current RPR to ensure that there are no major concerns, such as unauthorized structures or encroachments onto neighboring properties. A well-prepared RPR can instill confidence in buyers and facilitate a smoother transaction.
Importance of Compliance
All improvements on the property, as outlined in the Real Property Report, must adhere to the city’s bylaws and set-back requirements. If any improvements are not compliant, you’ll need to have encroachment agreements or relaxations in place from the city before proceeding with the sale.
Boundaries and Fence Lines
It’s crucial to note that while an RPR provides valuable information about a property, it shouldn’t be solely relied upon for establishing fence lines. For precise boundary line determination, it’s recommended to obtain a property line survey. If both the RPR and a property line survey are needed, consider having them done simultaneously to potentially save costs with your surveyor.
Who Needs a Real Property Report?
As mentioned earlier, home sellers in Calgary are typically required to provide an up-to-date RPR. Buyers often request this report to assess the property’s condition and ensure there are no significant issues that might affect their decision. If you plan to sell your home and don’t have a recent RPR, it’s essential to obtain one quickly as the process can take a couple of weeks.
Saving Money on Real Property Reports
To reduce costs, consider reaching out to the same land surveying company that provided your previous RPR if it only needs an update. Some surveyors offer discounted rates for returning customers who need to update their reports due to changes made since the last survey.
Benefits of Having a Real Property Report
An RPR offers numerous advantages, including clarity on property dimensions, improvements, utility right-of-ways, and encroachments. With this information, you can ensure compliance with municipal bylaws and identify any potential problems before finalizing the home sale, thereby avoiding costly delays.
Choosing the Right Land Surveyor
When hiring a land surveyor in Calgary, ask for a detailed estimate and an estimated completion date for the Real Property Report. It’s essential to ensure that the surveyor is a member of the Alberta Land Surveyors’ Association, as this guarantees a high level of professionalism and adherence to industry standards.
Real Property Report is a vital document for home sellers in Calgary, providing valuable insights into the property’s features and compliance with city regulations. By understanding the importance of an up-to-date RPR and working with a reputable land surveyor, homeowners can confidently navigate the selling process, ensuring a smooth and successful transaction.
When it comes to obtaining a Real Property Report in Calgary, Alberta, Core Geomatics is the go-to solution. With their expertise in accurate surveying and extensive knowledge of city bylaws, you can trust Core Geomatics to provide you with a comprehensive report, ensuring a smooth and hassle-free property transaction.