Buying or selling a property means you’ll be making a number of important decisions. Hiring a skilled industry professional to work on your behalf is invaluable. Their expertise ensures you understand each and every step of the process. But, it’s also a good idea to seek out some information on your own to better prepare for the process, even getting a better sense of terms that are often used in transactions will help.
Buyers and sellers may need the services of a licensed real estate appraiser. A real estate appraiser provides an opinion of value for your property.
An RPR is a legal document an Alberta Land Surveyor prepares. It’s basically a high level drawing of the property, the boundaries, and the buildings and structures on it, so buyers know exactly what they’re buying.
Alberta real estate professionals must use the Residential Measurement Standard (RMS) when measuring residential properties. This measurement standard helps consumers easily and accurately compare different types of residential properties.
The term “stigmatized” means an unfavourable quality in a property or one that makes the property less attractive or unattractive, but that is unrelated to the physical condition or features of the property.