Most everyone has met at least one person who would scam their own family member. Perhaps it was a car salesman, or maybe it was that guy who sold you a less-than-authentic piece of jewelry for a “bargain” price. Where you would not expect to meet one of these people is in the land development industry. Unfortunately, these opportunists do exist, and they can give the industry a bad name. They can also drive up costs for other land developers, and may ultimately find themselves in costly litigation. Learn more about how to avoid being one of “those” developers, and how you can improve the overall success of your project.
Zoning Requirements and Your Development Project
Every new housing or land development project must follow local, state, and federal zoning regulations. Unfortunately, the verbiage and requirements of those zoning laws can be complex and confusing, even for seasoned land development veterans. To make matters worse, regulations vary from one area to the next, and the laws are constantly changing. None of this matters when it comes to compliance, however. In fact, failure to comply can result in project delays, extra costs, and even possible litigation if you fail to correct the issues or intentionally deceive investors.
Illinois Planning Director Facing Litigation
Although litigation against land developers are rare, they do occur. Take the recent case against the former planning director of Tinley Park village. Accused of taking shortcuts and intentionally deceiving trustees, she could be forced to pay $75,000 for her alleged infraction, along with punitive damages to the community. In the meantime, the community is being forced to make costly revisions to the area, which residents and investors say never should have been needed.
Protecting Your Project and Interests
Despite the low prevalence of such litigations, it is important for land developers to know how they can protect their projects and financial futures. First, one should never ignore zoning ordinances or requirements. Second, honesty is crucial – especially when there are investors involved. Lastly, land developers can seek experienced assistance from a real estate development lawyer. Not only can this ensure their rights and interests are protected, but it can also reduce stress levels over trying to navigate the complex zoning regulation process.
Contact Our Naperville Real Estate Lawyers
If you need assistance with your land development project, contact the Law Offices of Lindell & Tessitore, P.C. Dedicated and experienced, our Naperville real estate lawyers strive to provide outstanding representation to suit your needs. Schedule a consultation by calling 630-778-3818 today.