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Buying and Selling a Home in Calgary just Got a Bit Easier.

Buying and Selling a Home in Calgary just Got a Bit Easier.

Hope all finds you great! See link below after you read my blog.
This is good information. A home inspection is normally a great way to protect yourself but is not 100% fool proof. Majority of inspections are visual only. This link (see below) gives you great questions to ask your inspector. A good full service licensed Realtor (like myself 🙂 ) would help you along the way. Although a Certificate of Compliance is not a legislative requirement from the city, in order for a smooth transaction in the sale of a property, the existing home owner must have an Real Property Report, or an updated Real Property Report with Compliance if there have been changes as part of the Alberta Real Estate Association's (AREA) purchase contract. 10.2 Closing documents will include an RPR showing the current improvements on the Property according to the Alberta Land Surveyors’
Association Manual of Standard Practice, with evidence of municipal compliance or non-conformance and confirming the seller warranties about the land and buildings. This obligation will not apply if there are no structures on the land. The buyer or buyer’s lawyer must have a reasonable time to review the RPR prior to submitting the transfer documents to the Land Titles Office. Not having an updated Real Property Report in the sale of your home can delay money being transferred on possession day. For more information and questions please feel free to contact me. Jason Cattoni Sutton Group Canwest

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