Surveyor's Real Property Reports
What is a Surveyor's Real Property Report?
A Surveyor's Real Property Report is a legal document that clearly illustrates permanent above ground structures and registered easements in relation to property boundaries. The document consists of a plan showing the physical improvements with a written report outling the details of the property.
In a real estate transaction, the Surveyor's Real Property Report can be relied upon by the purchaser, seller, realtor, lawyer, financial institution, and the municipality as an accurate representation of the property.
How Does a Surveyor's Real Property Report protect you?
The purchase of a property is often the largest financial investment ever made. You do not want to discover problems with the property after the sale. Your Land Surveyor assumes full professional responsibility for the accuracy of the survey giving you peace of mind knowing the location of all the buildings, registered easements and encroachments.
| "There is no substitute for an up to date survey in a real estate transaction. The information provided can potentially save thousands of dollars and a lot of headaches in the future." - H. Dean Mattison, Lawyer |
What is the difference between a Surveyor's Certificate and a Surveyor's Real Property Report?
Prior to 1990, Land Surveyors issued documents called Surveyor's Certificates. In 1990 the Saskatchewan Land Surveyor's Association adopted new standards to provide more information and better protect the public by replacing the Surveyor's Certificate with the Surveyor's Real Property Report.
GNF Surveys
#2 - 3210 Millar Avenue
Saskatoon, Saskatchewan, Canada, S7K 5Y2
Ph: 306-652-7955, Fax: 306-652-7066
email: gnf@uvisions.com
THE SURVEYOR'S
REAL PROPERTY
REPORT
PROVIDES INFORMATION ...
- on the current locations and dimensions of the land, buildings, registered easements, and encroachments.
- to assist financial institutions assessing the mortgage applications.
- to insure zoning compliance with the municipality.
- to assist in the completion of a property transaction.
Who needs a Surveyor's Real Property Report?
Property purchasers
- to be informed of the location of buildings relative to property lines, registered easements that may restrict future developments, and encroachments that may become a liability to the purchaser.
- to provide a plan and report that clearly illustrates the marketability of the property.
- to provide a visual representation of the property for sale and information to avoid delays in completing property transactions.
- to assist in verifying the current state of the title.
- to verify that there are no encroachments that may effect the marketability of the property offered for security.
- to ensure the compliance with bylaws and zoning regulations.
Title Insurance
Title Insurance is a policy issued to the mortgage lender to protect against a defect in title. In Saskatchewan, the Land Titles system guarantees ownership of your land by title. Title Insurances provide no information about your property.
Only a Surveyor's Real Property Report can assure you of the extent of your property and warn of any possible problems.
