Monday, March 29, 2010

Purchaser Faces Additional $10,000 Bill

“I would never buy another property without seeing a Real Property Report (RPR),” says Jim Smith of North-Central Alberta. “The property I bought is causing me a lot of problems.”

The new property purchaser is now facing surveying and legal fees that may exceed $10,000, something that would not have occurred had he seen the RPR that had been prepared for the property. After buying the property, Smith learned that his garage extended five metres onto a road allowance and the house did not meet the set-back requirements as prescribed in the municipal land-use bylaws. (read more...)

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