What is a Proposed Use Contingency?

If you intend to buy property for a commercial use, you naturally want to make sure the property is suitable for your intended use. You might, therefore, make your offer to purchase contingent on suitability for the proposed use. Some of the documents you might want to obtain to make sure the commercial property you are considering buying will be suitable for your proposed use are: easements, covenants, and restrictions; governmental permits, approvals, and licenses; verification that there is legal vehicular access to the property; and rezoning, conditional use permits, variances, building permits, and occupancy permits.

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