Here are some questions you may want to ask your purchaser before buying a plot:
- What type of approvals does the plot have?
- Has the plot been approved for residential or commercial use?
- Have all necessary government agencies approved the plot for development?
- Is the plot zoned for the type of development you plan to undertake?
- Are there any restrictions or limitations on the plot’s use or development?
- Are there any pending or past legal disputes related to the plot’s ownership or development?
- What are the relevant environmental regulations and permits required for the plot’s development?
- Are there any other permits or approvals required before the plot can be developed?
- Are there any outstanding taxes or liens on the plot that may affect its ownership or development?
- Have any previous development applications been rejected for the plot or in the surrounding area?
