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LOT NUMBER LOT DESCRIPTION MAXIMUM SINGAPORE DOLLAR (TICK FOR PHONE BIDS) Absentee Bidding Form SALE NUMBER SALE DATE PLEASE SELECT YOUR BIDDING OPTION: WRITTEN BID PHONE BID IMPORTANT Kindly note
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How to fill out lot description

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How to fill out lot description:

01
Begin by providing a clear and concise title or headline for the lot description. This should accurately summarize the main features or purpose of the lot.
02
Include a detailed description of the lot's physical characteristics, such as its size, shape, topography, and any unique features it may have.
03
Specify the type of zoning or land use restrictions that apply to the lot, as this information is crucial for potential buyers or developers.
04
Mention any existing utilities or infrastructure that are available on the lot, such as water, electricity, gas, or sewer connections.
05
Highlight any noteworthy amenities or attractions nearby, such as parks, schools, shopping centers, or transportation hubs, that could make the lot more desirable to potential buyers.
06
Provide information about the surrounding neighborhood, including the demographic profile, crime rate, and any upcoming development projects in the area.
07
Include relevant information about the lot's history, such as any previous uses, ownership details, or restrictions that may affect its development potential.
08
Finally, include your contact information, such as your name, phone number, and email, so that interested parties can reach out to you for further inquiries or to schedule a viewing.

Who needs lot description:

01
Real Estate Agents: Real estate agents require lot descriptions to accurately market and sell vacant land to potential buyers. A well-written description helps in attracting the right audience and generating interest.
02
Property Developers/Investors: Developers and investors rely on lot descriptions to assess the feasibility and potential of the land for future development. They need detailed information about the lot to make informed decisions about their investments.
03
Individuals Looking to Build: People who are considering constructing a new home or building on a vacant lot will require a lot description to evaluate if it meets their specific needs and requirements.
04
Government Agencies: Local or municipal government agencies may need lot descriptions for zoning purposes, land use planning, or to assess the impact of future development in a particular area.
05
Financial Institutions: Banks or lenders often require lot descriptions when evaluating land as collateral for loans or mortgages. They need accurate information about the lot's characteristics and potential value.
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Lot description is a detailed written account of a specific piece of land or property, outlining its boundaries, dimensions, and any relevant features.
Property owners or developers are usually required to file lot descriptions with the appropriate authorities.
Lot descriptions are typically filled out by surveyors and conveyancers, who use legal descriptions and measurements to accurately describe a property.
The purpose of lot descriptions is to clearly define a piece of land or property, ensuring that there is no confusion about its boundaries or legal status.
Lot descriptions typically include details such as the lot number, block number, subdivision name, dimensions, and any encumbrances or easements.
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