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Old 03-02-2013, 08:15 AM   #11
troutman
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Quote:
Originally Posted by onetwo_threefour View Post

We have always kept a photocopy on our file as long as one is provided as part of the transaction. We recently adopted a practice of scanning all real property reports coming through the office to build up our own database as well.
+1.

This is our practice too.

Sometimes the seller's lawyer will have a copy on file too in storage, for a small retrieval fee.

If you are planning to add something to the property, like a deck or fence, I would delay getting a new Rpr until you sell. The cost of updating an old Rpr is a bit less than a new one.
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