What is an RPR (Real Property Report)? | Real Estate Definition

By December 27, 2018 TERM

What is an RPR or Real Property Report?

A real property report is a survey of a parcel of land with additional information about the structures on the property. RPRs are birds-eye drawings of all of the improvements on a piece of land including: buildings, fences, steps, porches and retaining walls. The drawing shows the measurements of all of these improvements as well as the dimensions of the lot itself and identify any problems with the property. RPRs are done by engineeering firms who are part of an association of land surveyors. RPRs are needed for detached homes, duplexes and bare land condos.

Real Estate Agent Explains RPRs

I like to call an RPR a ‘survey plus’ because it’s more than just a drawing – it’s also an explanation of the of the structures have for the homeowner. It has information about whether the buildings and structures comply with municipal regulations. Things that are drawn on a real property report are: houses, sheds, garages, fencing, driveways, steps, decks, gazebos, rights-of-way, easements, encroachments – all with dimensions. These are all shown in relation to lot lines, roadways, alleyways, adjacent properties and a direction (north arrow). An RPR either has compliance or is non-compliant. If the real property report is not compliant, then there should be a letter accompanying the RPR saying what doesn’t comply with the municipal regulations.

Here is an example of a real property report with a compliance stamp from the City of Edmonton:

Example of a real property report (Edmonton, AB)

An example of a real property report of a single detached home with a detached garage in Edmonton, AB

Why Does It Matter?

Knowing what has been built on a property is very important when you are purchasing property –  you want to now if everything has been built according to local rules and regulations. An RPR is what shows a buyer (and their lawyer) that there are no issues regarding improvements on a property. It shows that fences are located in the correct place and not encroaching on an adjacent property, that additions are not too large for the lot, that garages have permits – and so on. Without a real property report, you wouldn’t know if what you were buying was in the right place. Real estate is all about location, and that extends all the way down to the exact location of your house on your lot. The purchase contact used by real estate agents in Alberta requires an RPR with compliance to be given with the closing documents when a property is sold. RPRs are also sometimes required by mortgage lenders, construction contractors and landscape architects.

 

by +Alan F Macdonald REALTOR® | Copyright © – gimme-shelter.com

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Alan F Macdonald

Author Alan F Macdonald

Alan F Macdonald is a real estate agent with Maxwell Challenge Realty in Edmonton, Alberta.

More posts by Alan F Macdonald

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