It's an aerial drawing of a property, completed by a land surveyor.
It outlines the boundaries, and the buildings and structures on it, so buyers know exactly what they're buying.
It will show if there are any easements, encroachments or utility right of ways on the property.
In a real estate transaction, it's the responsibility of the seller of a bareland condo or single family property to supply an RPR to the buyer.
In the perfect world, all properties would have an "RPR with compliance", but it's not as common as you'd think.
There are times where a deck was built without a permit.
Or a non-movable shed built too close to the property line.
In this case you'd have an RPR that's "non-compliant".
Non-compliant means there’s something that violates municipal bylaws.
There's also a chance you could have an RPR that's "non-conforming".
Non-conforming means that it was fine at the time of construction, but since then the bylaws have changed.
Let's say you have an old garage that was built to code 50 years ago, but building codes have since changed, do you have to remove the garage to meet current code?
No. It’s fine, as long as they don’t make any changes to it. If you do, you'll likely be required to make it conform.
If you find you have an RPR that's non-compliant the buyer will have to agree to buy the property in that state unless there's a way the seller can make it compliant, like applying for the permit of a deck already built.
Most of the time, it's too costly for the seller, so a buyer will decide to accept as is.
Every situation is different.
I'm here to help guide you through your transaction! Reach out if you're thinking of selling and let's chat!