A Real Property Report (RPR) is an essential document in any real estate transaction. Created by a certified land surveyor, an RPR provides a comprehensive outline of the property's boundaries, buildings, structures, utility rights-of-way, easements, and water drainage restrictions. This legal document is crucial for ensuring clarity and preventing disputes over property lines and other important details.
In our latest video, Vivian Lee, the broker for Top Producer Realty, discusses the importance of having a current and accurate Real Property Report. She highlights how this document can safeguard both buyers and sellers by providing a clear picture of the property's physical and legal status.
Watch the video below to learn more about why an RPR is vital in real estate transactions and how it can help you avoid potential issues down the road.