Things To Consider During Land Purchase
When buying land, please take the following into consideration.
1. Determine the size of land required for the building project
2. Determine in advance the number of floors you want in the building project
3. Buy land in an area where high rise buildings are allowed, if you wish to build a high rise building.
4. Verify that the land is free from government acquisition
5. Verify that the person selling is really the owner
6. Evaluate the distance of the land you wish to buy from oil pipeline route, where applicable
7. Evaluate the distance of the land from power line route, where applicable
8. Evaluate the distance of the land from the major highway, where applicable
9. Evaluate the distance of the land from the moat or natural gorge, where applicable
Government regulations specify distances for items 6-9 above. However, some land sellers will tell you it doesn’t matter whether the land does not meet the distance requirement from pipelines, highways, power lines, and moats.
My advice?
Don’t believe what they say.
When you purchase land that contravenes the land act, sooner or later, the government will take action against you.
