Information Companies Need Before Purchasing Land For Development

Companies in Florida looking to build office?buildings, strip malls, factories, warehouses,?or?any?type of commercial?buildings have different options?to?how they will accomplish?it.?One?way?is purchasing land where there is existing commercial real estate?and try to renovate the?buildings or tear them down and build new ones. The other is to buy vacant?land and build the structures?to their liking.?

There can be advantages and disadvantages to all these options but,?prior to buying any?land,?companies need to know certain information regarding?the?land.?Companies?must?know zoning?laws for the?land they are purchasing. Zoning?laws provide information on?where and if?they can legally build the structures.?Also, it is important they?understand?regulations for the?land,?for the height of?buildings,?or?if they are within the?boundaries.?

In addition to those listed above, these?companies should do a title search for the?land, check whether there are any wetlands on the property,?and?may?have?testing done to ensure there are no chemicals,?or other environmental?hazards prior to?building.?Gathering?all information can take some time, but it is important to know?it all?prior to buying. Dealing with these issues?after the money has been spent on the property?is not ideal.?

There are many companies in Florida plan to build new buildings or develop new commercial buildings. In fact, the projects can be very expensive in the beginning, but they can also be very profitable. But the company will not be able to profit if there are restrictions on the land. Therefore, it is vital that the company is well informed, prior to purchasing the land. That is why attorneys understand these laws and may be able to help the company purchase the right property.?

At Jurado & Farshchian, P.L., we offer a wide variety of business and?real-estate related services?to fit the?requests?of every one of our clients. Whether you are looking to build office?buildings, or?seeking legal protection or representation during litigation, or?simply?wishing to start a new?real estate investment business, we can?provide you with knowledgeable experts to?help you reach your goals.?

Give us a call today at?(305) 921-0440?or send us an email to?[email protected]?to get started.?

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