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The inspection period typically refers to a period of time that a buyer has to investigate the property to determine whether the property is suitable for the buyer's purpose. With regard to vacant land being purchased for investment or development purposes, it is critical that certain tasks be accomplished during this due diligence/inspection period. Please contact us to discuss any questions that you may have. Some of the common questions that can arise during the inspection period include: -
Does the property have the proper zoning or must it be rezoned to allow the proposed use? -
Was the property previously used in a business that may have left behind hazardous materials? -
Is the property within the 100 year flood zone? -
Are there wetlands on the property? -
How much "usable" land is available for development purposes? -
Are the soils "good" for stormwater retention? -
Are there endangered species or habitat on the property? -
Are there central utilities and if not, are they available? -
Is the property within a municipality, joint planning area or a utility district? -
Are there any moratoriums or the potential for moratorium on new development? -
Are there easements that may affect use of the property (underground pipelines, utilities, overhead power lines)? While it is critical to hire a building inspector to inspect improved property, these inspections do not include an examination of "land use" related restrictions, for example: -
Is the lot on which the home is located considered a "conforming lot" by the local government? -
Is the lot within a historical district that restricts renovations or repairs? -
Are there assessments or homeowners' fees? -
Are there landscaping restrictions (e.g. watering restrictions, restrictions on the type of grass that may be planted in the event the yard must be replaced, are you permitted to use innovative techniques to reduce water consumption?) -
What are the setbacks on the lot and does the home encroach in the setbacks? -
Is there room to "add" on to the house outside of the setbacks? -
Are the outstanding building permits or code enforcement cases that may affect the lot? Contact UsLocated in downtown Mt. Dora, about a mile from US Highway 441, our offices are open nine to five, Monday through Friday. For more information about your real estate, land use, or zoning concerns, contact us today and get the information you need to protect your investment. Leslie Campione, P.A. Attorney at Law 342 East Fifth Ave Mount Dora, FL 32757 Phone: 352-383-9020 Fax: 352-383-4654 Map and Directions │ Email At the Mount Dora, FL offices of Leslie Campione, Attorney at Law, we represent clients throughout Florida, including Tavares, Leesburg, Clermont, Eustis, Apopka, and Lake County, Florida.Printer Friendly View Add To Favorites
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