Developers top tips - things to look out for when carrying out a site inspection.
Updated: Jan 21, 2021
If you are buying land to develop, you should always visit the potential site. Sometimes problems arise which do not show up in searches or on investigating the title and would only have been seen from inspecting the site. The 'caveat emptor' principal applies, which loosely translates as 'let the buyer beware'. This means that the seller is under no obligation to disclose issues to the buyer. It is sensible therefore to visit the site to see if any physical problems arise.
These are the things you should be looking out for:
Are the boundaries obvious?
Are the boundaries enclosed by fencing or walls?
Check the boundaries against the title plan to make sure they are the same.
Are there any ditches along the boundaries?
Does the site abut a public highway?
Are there any tracks or paths across the property?
Are there any power lines or an electricity substation on site?
Are there any neighbouring windows that overlook the land?
Are there any protected wildlife or Japanese knotweed?
Is there any evidence of the public using the site e.g. blackberry picking, dog walking?
Is there evidence of adjoining owner exercising any rights over the site or encroaching?
Does the site have any unusual features?
If any of the features set out above are on the site, then speak to your lawyer as they may raise legal issues which need further investigation.
This list is not exhaustive and is for guidance only. It does not constitute legal advice and you should speak to a solicitor. We recommend you obtain legal advise before proceeding with a purchase of a development site.
19 January 2021
MY BUSINESS COUNSEL