Land Use Questions To Ask When Buying Or Financing Real Estate

Real Estate Finance Journal

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PUBLISHED ON: April 27, 2009

Anyone purchasing or ?nancing the purchase of undeveloped land or a building must make certain that the planned use of the property and size of a new building is consistent with local land use regulations. One might simply ask whether the proposed use and size are permitted by the zoning rules and leave it at that, but there are a number of land use issues that should be looked at as part of the due diligence process. Here are a number of areas that should be investigated.