Questions to Ask When Buying Raw Land
Each piece of land is unique, so real-estate transactions can vary depending on the location, property use, and buyer and seller situations. This checklist contains useful questions that you can ask a seller or agent when looking at specific pieces of land or property.
This checklist should help you understand the basics of the land. However, it is not intended to be an exhaustive guide. To ensure you get the best advice and information for your property or land purchase, consult a qualified land professional.
What rights do you have to access the property? What access rights does the property have to public roads? Or is it only legal access through an existing deeded easement?
Are there any existing utilities such as electricity, sewage, or water connected to this property? Is there a well or septic system installed on the property?
Is the land recently surveyed? Is the land surveyed recently?
What are your neighbors? Are there any property line disputes between neighboring landowners, and you are aware?
Are any mineral rights, such as timber, water, or gas, included in the sale?
Are there any easements on the property that are applicable for conservation, utilities, or access?
Is there evidence of environmental problems with the property? Are the current owners aware of any future assessments that could affect their property?
What is the zone of the property? What are the permitted uses and special exceptions of this piece? This question can also be asked at the municipality or local government where the property is located.
Does the Homeowners Association govern the property? What restrictions are there for future development on this property's land?
Do you know of any developments proposed for adjoining properties or land?
Is there a tenant or lease obligation to another person on the property?
What is the annual property tax obligation for land or property?
The reason the property owner is selling this property? (Please note that the seller or seller's agent is not required to divulge this information. However, it's a good idea to ask.
Is financing available for the property offered by the seller?
What is the seller's closing date?
Are there any water features on the property? How about access routes to the property, such as trails, fire roads, or pathways?
What are the closest public access lakes and waterways? Which public lands are closest (i.e., What are the closest public lands (i.e., state or national forest or state or national park or BLM land) to you?
Are any property improvements (e.g., fencing, outbuildings, gates)?
Is there a fee-based General Warranty deed included in the purchase of this property or land?
Can I get a clear title to the property using title insurance?
What is the timber quality and value on the property? What are the types of timber and their age? Are they planted or natural species? What are the closest timber mills and outlets to you? Is there any timber stock that is still available for sale?
These questions will help you to get a sense of the property's current state and potential future. You should also discuss with the seller any questions you may have regarding local and state conditions or regulations.