Tuesday, August 29, 2006

Home Buying Tip - Check Easements And Permits

Before buying a property check to see if there are any illegal structures on the land?

Are there any outstanding permits that have not been signed off by local authorities?

Are there any easements like the right to pass across the property, the right to construct and maintain a roadway across the property, the right to construct a pipeline under the land, or a power line over the land? Easements can affect the value of a property so always check legal issues before signing any real estate contract. If unsure always seek professional legal advice.

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