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A Potential Purchaser of Land Is Often Provided with a Time

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A potential purchaser of land is often provided with a time period under the agreement of purchase and sale to search for information relating to the property.This has the effect of reducing the risks of receiving defective title.One of the sources of information that can be obtained or requisitioned is a survey.What is a survey,and why is it important for a purchaser to consider obtaining?


Definitions:

Retail Store

A physical location where consumers can purchase goods or services directly from a business.

Market Segments

The process of dividing a target market into smaller, more defined categories of consumers who share similar characteristics and needs.

Principal Criteria

The main or most important standards used to evaluate options or make decisions.

Market-Product Grid

A tool for analyzing market segments by mapping out their size and growth potential against specific products and services.

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