Showing posts with label florida vacant land contract. Show all posts
Showing posts with label florida vacant land contract. Show all posts

Jul 12, 2008

Florida vacant land contract

When buying land in Florida your contract should allow you the time to conduct a feasibility study to determine if the property is 100% suitable to you for your intended use. This feasibility study can include architectural analyses, surveys, assessments & inspections for:
  • Phase 1 environmental
  • Engineering
  • Architectural
  • Zoning & zoning restrictions
  • Subdivisions statutes
  • Soil & grade
  • Access to roads, water, utilities
  • Consistent with growth management plans
  • Availability of permits, government approvals and licenses

You are not limited to the type of inspections you are allowed to have. Make sure you have a clause in your contract to purchase land that allows for a feasibility study.

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University of Florida offers a Master of Laws in Environmental and Land Use Law

Tips when buying vacant land

What should you know when buying land?

May 22, 2008

Tips when buying vacant land

Make sure your offer is written on a vacant land contract and not on a standard residential contract. The residential contract isn't suitable for vacant land.

Make sure you have a due-diligence clause that allows you time to research that the land is suitable for your intended use.

Make sure the current zoning is suitable for your intended use.

If needed will you be able to put a well and septic on the property?

You should have a survey on the property prior to purchasing.

Hire a real estate professional to assist you with purchasing land in Central Florida.

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Don’t get scammed buying land in Florida

Florida vacant land contract

What should you know when buying land?

- Greg Staker Watson Realty Corp. 407-304-0255