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legal restrictions in real estate property

Posted on: 31st Jan, 2006 12:11 pm
Are there any legal restrictions on what materials can be stored in a real property?
Hi Furry,

There are environmental hazards to be taken care of while storing material in a property.

Government has imposed regulations on the kind of materials that can be stored in a real estate and also persons responsible for removing those hazardous materials.

God bless you.

For MortgageFit,
Samantha
Posted on: 31st Jan, 2006 12:16 pm
You should also be aware of other rules to be followed related to real estate ownership as violations of these may result in fines, penalties or prosecution.

The restrictions are -

  • There are restrictions on the purpose for which the real estate can be used and also size and height for improvements of the property.
  • A portion of the property must be left open for others to use.

These are the most common restrictions including the environmental hazards but there are some other small restrictions too.

James
Posted on: 31st Jan, 2006 12:25 pm
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