Thursday, February 2, 2012

Real Estate Entitlements

There are different entitlements for real estate, but basically, it is an authorization letter that will allow you to develop a private land for your business. In most cases, real estate entitlements may seem complicated and, at the same time, cost more money. In this article, we will be discussing some of the real estate entitlements that you need to understand and how you can use it to your advantage. Reading this article will help you develop your land properly and get the necessary entitlement for it.

Here are some of the real estate entitlements that you should be aware of:

Zoning and Zoning Variances - this is the entitlement that you need for parking spaces and setbacks. This would require the blueprint coming from an engineer and you need to make sure that you have a professional who can provide you with the assistance that you need.

Rezoning - there are lands that should be rezoned, depending on the needs of your business. Before you can get this entitlement, you need to make sure that your engineer has a plan for the establishment that you want to build.

Use Permits - if you are going to develop an unused land, you need to have a permit that will allow you to build an establishment. You also need to have zoning and zoning variances to acquire this entitlement.

Road Approvals - if you want to build a road leading to your establishment, you need to have this kind of entitlement. This will allow you to build the road that suits the needs of your establishment and to make it easier for people to reach your building.

Utility Approvals - if you want your building to have different utilities, you need to comply with the rules and regulations of the city. Some would require you to donate a piece of land before they give you the entitlement that you need.

Landscaping Approvals - you cannot build landscapes at will. It should comply with the city rules and regulations, and you need to have this kind of entitlement before you can work on the landscape of your property.

These are some of the most common types of entitlements that you need when planning to develop of land or property. If you are having problems with it, then it would be better if you are going to get a professional who can provide you with the advice and tips that you need to be successful with it.

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