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The Jubilee Legal > Blog > Property Law > 20 questions you must ask when buying a landed property
Property Law

20 questions you must ask when buying a landed property

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Last updated: 2023/05/30 at 1:44 PM
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20 questions to ask when buying land
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There are important questions you must ask when buying a landed property. It’s important to gather as much information as possible to make an informed decision. Here are some questions you can ask:

  1. What is the exact location of the property?
  2. What is the size of the land and the dimensions of the plot?
  3. What is the zoning classification of the property? Is it residential, commercial, or mixed-use?
  4. What are the local building regulations and restrictions?
  5. Are there any existing structures or buildings on the land? If so, what are they and what condition are they in?
  6. Are there any legal restrictions or encumbrances on the property, such as liens or easements?
  7. What are the utilities available on the property, such as water, electricity, and sewage?
  8. Are there any planned developments or infrastructure projects in the area that could affect the property’s value or liability?
  9. Are there any environmental concerns or potential hazards associated with the land?
  10. What are the access points to the property? Are there paved roads or other means of transportation nearby?
  11. What are the property taxes and other ongoing expenses associated with the land?
  12. Are there any homeowners’ association fees or rules governing the use of the land?
  13. Has the property been surveyed recently? Can you provide a copy of the survey report?
  14. Are there any recent appraisals or valuations of the property? What is the current market value?
  15. Are there any pending or ongoing legal disputes related to the property?
  16. Can you provide the historical ownership records and transaction history of the land?
  17. What are the nearest amenities and facilities, such as schools, hospitals, shopping centers, and recreational areas?
  18. What is the neighborhood like in terms of safety, noise levels, and overall livability?
  19. What are the potential future development prospects for the area?
  20. Can you provide any additional documents or information that would be helpful in evaluating the property?

These are the 20 questions you must ask when buying a landed property. Remember, it’s always a good idea to consult with a qualified real estate agent, lawyer, or property professional to guide you through the buying process and ensure that all your questions are answered thoroughly.

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TAGGED: Best Real Estate Law firm in Uyo, buy landed property in Uyo, questions to ask in buying land in uyo, questions when buying landed property in uyo, Real Estate Attorneys in Uyo

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Admin May 30, 2023
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