A Real Property Report is a document that provides detailed information about the physical boundaries and features of a property. In this blog post, we will explore the common elements you can expect to find in a Real Property Report in Edmonton. Understanding these elements will help you make informed decisions when it comes to your real estate transactions.
Property Boundaries:
A Real Property Report begins with a detailed depiction of the property boundaries. It includes measurements and clear demarcations of the property lines. These boundaries are typically marked with stakes or pins on the ground, and the report should include their exact locations. These measurements help establish the size and shape of the property and ensure accuracy in land transactions. The RPR will feature a graphical representation of the boundary lines of the property. These lines are often depicted with solid lines or dashes to differentiate between different boundaries. Each boundary line represents a specific side of the property and is marked with stakes or pins on the ground during the survey.
Legal Description:
The RPR will contain a legal description of the property. This description identifies the property’s location, lot number, block number, and subdivision name. It ensures that there is no ambiguity regarding the property’s identity and helps prevent any confusion during the transaction process. It’s worth noting that legal descriptions can sometimes be complex and challenging to interpret for individuals without specialized knowledge. If you have any questions or concerns regarding the legal description of a property, please don’t hesitate to give us a call or send us an email.
Buildings and Structures:
An RPR also provides information about the buildings and structures present on the property. This includes the main dwelling, garages, sheds, fences, decks, and any other permanent structures. The report will indicate their locations, dimensions, and distances from the property boundaries. It helps verify that the structures comply with relevant zoning regulations and setbacks.
Easements and Rights-of-Way:
Easements and rights-of-way are common elements found in Real Property Reports. An easement is a right to use a specific portion of the property owned by someone else, such as a utility company’s right to access power lines or gas pipelines. The RPR will indicate the location and nature of any existing easements or rights-of-way on the property.
Encroachments:
Encroachments refer to structures or improvements that extend beyond the property boundaries. An RPR will identify any encroachments, such as a neighbor’s fence crossing into the property or a portion of a building extending beyond the permissible limits. This information is crucial as it may affect the property’s value, insurance, and potential legal issues.
Utility Services:
The RPR will outline the location of utility services on the property, including water lines, sewer lines, electrical connections, and gas lines. It provides a comprehensive understanding of the infrastructure, ensuring that buyers and sellers are aware of any potential limitations or considerations when it comes to utility services.
Compliance with Municipal Bylaws:
Edmonton has specific municipal bylaws and regulations that govern land use and development. An Edmonton Real Property Report will assess the property’s compliance with these bylaws, including setbacks, height restrictions, and other zoning requirements. Any non-compliance issues will be highlighted in the report, enabling buyers to make informed decisions. For the most up-to-date and accurate information regarding municipal bylaws and zoning requirements, check out the City of Edmonton’s website or contact us directly.
Conclusion
A Real Property Report is an invaluable tool when buying or selling property in Edmonton. It provides very important information and understanding these common elements found in a Real Property Report allows buyers and sellers to make informed decisions, ensuring a smooth and transparent real estate transaction process. It is always recommended to consult with a qualified real estate professional or land surveyor to understand the implications of the report fully.
Have any questions about your Real Property Report or need to get one drafted? Contact us at 780-800-1260 or send us an email to info@arcsurveys.ca
