KNOWING WHERE YOUR PROPERTY BOUNDARIES ARE IS ESSENTIAL WHEN PURCHASING A HOME
A Surveyor’s Real Property Report (RPR), sometimes called a location certificate, is a legal document that confirms the location of structures and features relative to the property boundary. This document serves as an essential tool for buyers, sellers, lenders, and municipalities alike.
For buyers, obtaining an RPR is very important as it provides a clear picture of what you are buying as well as any problems you are inheriting. Unlike title insurance, an RPR provides information about property compliance issues up front, so any issues can be dealt with before closing.
Other benefits of an RPR include:
- A detailed, bird’s-eye view of the property, based on a site inspection, showing the exact location of buildings and structures.
- Identification of any encroachments or potential boundary issues.
- Potential cost savings on future surveys, such as boundary or topographic surveys, that may be required for permits or design.
- Assistance in planning for future renovations, additions, or other improvements to the property.
An RPR is often preferable to title insurance because it provides a clear, up-to-date visual representation of a property’s boundaries, structures, and any zoning or encroachment issues. Unlike title insurance, which protects against issues related to ownership and liens, an RPR ensures that the property complies with local regulations and offers a detailed snapshot of its physical condition, reducing the risk of unexpected problems.
