For single family homes, there are two issues. First is the real property report. This is the map of the property showing where the buildings are, as well, as fences and cement pads, so any permanent structures. What you need to look out for is to make sure that this map or the real property report is exactly as the property is. This is a document that needs to be approved by the municipality in order to complete the sale.
Another issue to buying a single family home is the restrictions on the property. This can be found on the title of the property and can impose limits on what changes you can make to the property. One of the most popular is with the fence, there are limits on the height, the type and sometimes having a fence in the front yard.
At the Cornerstone Youth Centre, Nixon said that since this connection is lacking where they live, this is the place they can get it. This is where they can play with other kids, talk about their problems and feel connected.
Where my house is, I know my neighbours across the street and across the alley. I know my neighbours to the east, since their boy loves to come over and play with mine. And the neighbour to the west I’ve yet to meet since they just moved in. I’m still going to get my fortress fence, although I’ll be sure to invite my neighbours over to the other side of this great wall to create community.
Here’s the downside of not having a current RPR. Anything that isn’t in compliance will cost you money and time down the road. It could be when your neighbour sells and/or when you sell in the future. I’ve had issues getting compliance on my client’s property costing anywhere froTitleInsurance_thumbm $300 to $10,000 and taking anywhere from 5 weeks to 10 months to complete.
When buying a property you shouldn’t be the one to incur the sellers issues or problems with the property. My personal pain… I have a cement pad on the side of my house, sitting on the utility right of way, (there since I bought this house) that reminds me why my buyers need a current RPR. This is an expense I will incur when I sell.