Checking the compliance of the site with the development intentions
When searching for a land plot for construction and making a decision on its development, it is necessary to conduct an audit (inspection) of such a plot.
This audit will allow you to understand the feasibility of acquiring and/or developing such a land plot, find out what requirements and restrictions exist regarding the use of land, and determine what kind of facility can be built on such a plot
Due Diligence of a land plot
An audit, or as it is now commonly called Due Diligence, of a land plot is carried out to clarify the following issues.
If the land plot is not formed:
the possibility and methods of obtaining the land plot for ownership or use
If the land plot is formed:
- legality of the grounds for ownership or use of the land plot
- Existence of litigation, enforcement proceedings regarding the land plot and its owner
- rights of third parties to the land plot
- information from the State Land Cadastre on the land plot
Audit of intentions to build a land plot
It is carried out to answer the following questions:
- whether the development intentions comply with the land management documentation and the intended purpose of the land plot
- whether the development intentions comply with urban planning documentation (comprehensive plan for spatial development of
- territories of territorial communities, master plan of a settlement, detailed plan of territories)
Are there any restrictions in connection with:
- protection zones around especially valuable natural objects, cultural heritage sites, around electronic communications facilities, along
- power lines, transport lands, around industrial facilities
- sanitary protection zones
- sanitary protection zones around facilities that are sources of harmful substances, odors, radiation, etc.
- zones of special land use regime
- red lines
- What are the requirements for maximum height
- What are the requirements for fire protection distances, etc.
- the possibility of arranging an entrance to the land plot, etc.
What is the result?
Based on the results of the land plot audit, you will receive an oral or written conclusion that will contain information on:
- physical parameters of the land plot,
- legal “purity” of the land plot
- the possibility of using the land plot in accordance with your goals
- restrictions and encumbrances on the use of the land plot
- existing risks and problems that may arise in the future when using the land plot
- ways to minimize existing risks
Based on the results of the land plot audit:
- you will be able to make an informed decision on the feasibility of acquiring and or developing a land plot
- whether the price for such a land plot is fair
- have an action plan for the use of such land
Why should you contact us?
Global Bud Ukraine has been operating in the real estate market of Kyiv and Kyiv region for many years. Our specialists carefully study all issues related to land and construction in order to protect our clients from both existing and potential risks associated with the acquisition of land and real estate.
To find out more about due diligence of a land plot and development intentions, to find out the cost and terms of such a procedure, call or write to us at the numbers listed on the website or leave your details and we will call you back!
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