It is important for a seller to sell plots with proper approvals because it ensures that the property is legal, safe, and can be transferred to the buyer without any legal issues. Here are some reasons why proper approvals are important:
Legal compliance:
Selling plots without proper approvals can be illegal and lead to legal issues for both the seller and the buyer. Proper approvals ensure that the property is in compliance with local and national laws, regulations, and codes.
Safety:
Approvals ensure that the property has been inspected and is safe for use. For example, if the plot has been approved for construction, it means that the land is suitable for building and that the necessary safety measures have been taken.
Value:
Properties with proper approvals usually have a higher value than those without approvals. Buyers are willing to pay more for a property that is legal, safe, and has all the necessary approvals.
Future Resale:
Having proper approvals makes it easier to sell the property in the future. Buyers will be more confident in purchasing a property that has all the necessary approvals, reducing the risk of any future legal disputes.
In summary, proper approvals ensure that the property is legal, safe, and can be transferred to the buyer without any legal issues. It protects both the seller and the buyer and ensures that the property has a higher value in the market.
