Real Property Reports and Compliance

SKU: 61836.05

This paper discusses the importance of Real Property Reports and Compliance Certificates. It then reviews some of the root causes of issues faced by lawyers when dealing with RPR’s, including signing the AREA Purchase Contract without a current RPR and Compliance, variable municipal requirements, and shortages in surveyor availability. The author proposes Title Insurance as a solution in some circumstances and makes some practical suggestions for dealing with common RPR and compliance issues. This paper was presented at the 45th Annual Refresher Course – Real Estate on May 6-8, 2012.

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