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Essential Questions to Ask Before Buying a Property

April 23, 2024

Purchasing a property is a significant financial investment, and asking the right questions can help you make an informed decision. At Rothschild Group, we guide buyers through the legal complexities of property transactions to ensure a smooth and transparent process.

Key Questions to Ask Your Local Government Before Buying

1. Sewer and Power Connections

  • Is the property connected to sewer and underground power?
  • If not, what are the costs and responsibilities for connection?

2. Zoning Regulations

  • What is the zoning classification of the property?
  • Are there restrictions on the type or density of development allowed?

3. Planning Restrictions

  • Are there any planning restrictions that may affect renovations or new constructions?
  • Are there any heritage overlays or environmental regulations to be aware of?

4. Proposed Developments in the Area

  • Are there any upcoming developments that could impact property value or lifestyle?
  • Are there any infrastructure projects planned nearby?

5. Outstanding Orders and Requisitions

  • Are there any outstanding health orders or regulatory notices attached to the property?
  • Does the property comply with swimming pool safety regulations?

6. Compliance with Building Approvals

  • Have all structures and additions been legally approved by the local council?
  • Are there any unapproved modifications that may require retrospective approvals?

7. Renovation and Expansion Approvals

  • Are there any restrictions on renovations or extensions?
  • Does the property require special approvals due to heritage or environmental factors?

Why Choose Rothschild Group for Property Transactions?

  • Expert legal review of contracts, zoning laws, and property approvals.
  • Comprehensive due diligence to uncover potential risks.
  • Legal representation to ensure a seamless property settlement process.

Have questions about your property purchase? Contact Rothschild Group today for expert legal advice.

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