When inspecting commercial property as real estate agent, buyer or seller, there are a variety of factors to consider than meets the eyes. For instance, apart from examining the physical condition of the real estate asset, you may also want to evaluate its title, ownership and legal implications. This article helps you with the analysis by enlightening you on the vital factors of commercial property inspection Houston.
To begin with, ensure to get some local information pertaining to available property. That would normally include title searches, maps, and survey plans. You can then position the property relative to the neighboring properties and the access roads. Come with a plan on how you are going to cover the geographical area of your specification.
The survey plans that apply to the tenancy occupation can also be cross referenced in terms of its sketch plan drawings. When any new lease is considered, as plan drawings it become essential to the tailoring of the design and tenancy planning process.
The building and improvements on the real estate will have been placed relative to the building approvals and construction plans. If you can get copies of as built drawings, they will assist when it comes to matters of leasing and tenancy design. The real estate may be impacted by special notices and orders relative to occupancy and housing use. Check the records at the local planning approvals office in case any of these orders and notices require satisfaction or action.
Look for issues that impact the titles such as rights of way, easements, and encumbrances. Normally they will be noted on the relative title for the real estate. It pays to get a copy of the title before any actions are implemented on the real estate.
All of the improvements on the asset should have appropriate building approvals. Ask questions of the client or real estate owner to ensure that this is the case. When in doubt, visit the building approvals board or office. There are significant differences between the complexities of industrial, office, and retail buildings. Over time you can understand more factors to look for and document as part of listing the property for sale or for lease.
The tenants and buyers of the property will always ask questions of the real estate agent and the property owner before negotiation and the deal is done. Having all the correct answers and the supporting information is part of the real estate agents professional service.
The essential services within a building such as fire prevention devices, air conditioning, plumbing, water supply, and drainage will all be delineated on the as built drawings. The location of these services will be of interest to any new tenancies moving into the building as they consider their custom designs.
To begin with, ensure to get some local information pertaining to available property. That would normally include title searches, maps, and survey plans. You can then position the property relative to the neighboring properties and the access roads. Come with a plan on how you are going to cover the geographical area of your specification.
The survey plans that apply to the tenancy occupation can also be cross referenced in terms of its sketch plan drawings. When any new lease is considered, as plan drawings it become essential to the tailoring of the design and tenancy planning process.
The building and improvements on the real estate will have been placed relative to the building approvals and construction plans. If you can get copies of as built drawings, they will assist when it comes to matters of leasing and tenancy design. The real estate may be impacted by special notices and orders relative to occupancy and housing use. Check the records at the local planning approvals office in case any of these orders and notices require satisfaction or action.
Look for issues that impact the titles such as rights of way, easements, and encumbrances. Normally they will be noted on the relative title for the real estate. It pays to get a copy of the title before any actions are implemented on the real estate.
All of the improvements on the asset should have appropriate building approvals. Ask questions of the client or real estate owner to ensure that this is the case. When in doubt, visit the building approvals board or office. There are significant differences between the complexities of industrial, office, and retail buildings. Over time you can understand more factors to look for and document as part of listing the property for sale or for lease.
The tenants and buyers of the property will always ask questions of the real estate agent and the property owner before negotiation and the deal is done. Having all the correct answers and the supporting information is part of the real estate agents professional service.
The essential services within a building such as fire prevention devices, air conditioning, plumbing, water supply, and drainage will all be delineated on the as built drawings. The location of these services will be of interest to any new tenancies moving into the building as they consider their custom designs.
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