RESIDENTIAL RENTAL REAL ESTATE INVESTMENT (RRREI) IN MELBOURNE: DEVELOPING AN INVESTOR MODEL
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A purchaser should assess the environmental risks associated with
a property being purchased. In Canada, government o"cials do not
“certify” that a property is free from such risks. A property’s
environmental status can be ascertained by inspecting applicable
company and public records. In virtually all cases, a purchaser will
want to do an “environmental audit” of the property which may
include conducting scienti!c testing and a technical analysis of the
property. Lending institutions often require such an audit before
advancing any funds.
Development Controls
Property development is provincially regulated, primarily at the
municipal level. Municipalities typically control land use and the
density...
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RESIDENTIAL RENTAL REAL ESTATE INVESTMENT (RRREI) IN MELBOURNE: DEVELOPING AN INVESTOR MODEL
Nội dung trích xuất từ tài liệu:
RESIDENTIAL RENTAL REAL ESTATE INVESTMENT (RRREI) IN MELBOURNE: DEVELOPING AN INVESTOR MODEL
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