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When Buying A land Ask These 16 Questions

To get the most out of their investment when purchasing land, buyers must be aware of crucial questions. Risk exists in every investment. Before entering a deal, you must conduct your due diligence.

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When Buying A land Ask These 16 Questions

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  1. When Buying A land Ask These 16 Questions To get the most out of their investment when purchasing land, buyers must be aware of crucial questions. Risk exists in every investment. Before entering a deal, you must conduct your due diligence. 

  2. WHAT IS THE CHAIN OF TITLE? The Chain of Title, to put it simply, is the order of prior transfers of title to a property. 

  3. WHAT ARE YOUR OPTIONS FOR THE LAND YOU PLAN TO PURCHASE?  Buyers should be cautious of zoning and HOA/POA restrictions. Unoccupied land can be used for a variety of reasons.

  4. DOES THE PROPERTY CONTAIN ANY CONSERVATION EASEMENTS? A conservation easement is a contract that specifies how much land you cannot develop and gives a local land trust or government agency control over it

  5. WHAT ARE ZONING AND PROPERTY BACK TAXES?  Potential land buyers should be aware of any partially or entirely unpaid property taxes. It guarantees that a buyer would not have to shell out further money to acquire property ownership.  

  6. Contact Us Suite 1, 1 Cook Drive, Pakenham Vic 3810 reception@thecompanyre.com.au 03 5918 4315 Content Resource https://thecompanyre.com.au/when-buying-a-land-ask-these-16-questions/

  7. THANK you!

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