Draft purchase agreement for undeveloped land

  • Erstellt am 2015-07-31 18:32:53

McEgg

2015-07-31 18:32:53
  • #1
I received the draft purchase agreement for our reserved plot today. Is there anything specific to watch out for, since the new development area is not yet developed, but currently just a field? The plot number and size are included. What makes me a bit suspicious is the following entry under "Warranty": Does this mean that the plot size may still change during the development or whatever, and in the end we have fewer sqm than we bought??? o_O
 

nordanney

2015-07-31 22:18:38
  • #2
Yes. But this is normal for plots that are yet to be surveyed; once the survey has been completed, the size will no longer change.
 

EveundGerd

2015-07-31 22:21:58
  • #3
Did you have a soil survey carried out beforehand?
 

McEgg

2015-07-31 22:25:45
  • #4
No...
Should one do that and why?
 

nordanney

2015-07-31 22:30:53
  • #5
So that you have an idea of the costs that will arise when founding [eure Firma].
 

McEgg

2015-07-31 22:33:00
  • #6
Ok, and do you do that before the purchase? And where do you turn to for that? How much does such an expert opinion cost?
 
Oben