Dec. 15, 2015 | Giselle Wedemire
The dish on real property reports
Lost in the lexicon of real estate transactions, a real property report can paint a picture that, in many cases, is worth much more than a thousand words.
An RPR, which is an essential part of real estate transactions, provides a visual and written assessment on the current state of affairs on a given property.
Performed by licensed land surveyors – and ranging in cost from $800 to $1,000 each – this report will disclose essential information such as the property line of a plot of land, recent improvements made to a property and details on any permanent structures (such as sheds, decks, houses, and garages) built on a property.