COOTE, HILEY, JEMMETT LIMITED
Who needs a Surveyor's Real Property Report?
Property owners (purchasers), to ensure:
That the extent of the property being purchased is the same at described in the Offer to Purchase.
That the position of the boundary is known and that the deed describes the property accurately. That pertinent fences, trees, buildings, gardens, embankments, driveways, walkways, swimming pools, house additions, and other improvements are within the boundaries. That others are not entitled to partial use of the property through easements or rights of way.
That the property conforms to municipal requirements.
That potential problems are identified before the deal closes.
Property sellers (vendors), to provide:
Confidence in the purchase for the buyer by verifying the size and extent of the property.
Protection from potential lawsuits resulting from problems related to property boundaries and improvements.
Realtors, to provide:
A visual representation of the property for sale.
Information to avoid delays in completing property transactions.
Protection from potential lawsuits resulting from misrepresentation in the Offer to Purchase related to property boundaries and improvements.