Can corporate bodies use residential properties as office space?
Ans. It is illegal to put residential properties to commercial use. However service-based industries are allowed to operate from residential areas, on the condition that they will vacate the property if any complaint is received from other residential owners. Go Back To Main FAQ Page Note: We’re here to help. You will find listed above, a list of the most common questions of real estate services. If you cannot find the answer to your questions in our Frequently Asked Questions (FAQ) area, then fell free to contact us at anytime and our support specialists will assist you.
It is illegal to put residential properties to commercial use. However service-based industries are allowed to operate from residential areas, on the condition that they will vacate the property if any complaint is received from other residential owners. • Before purchasing property owned by a company, what aspects should be considered? A] Before purchasing property from a company, it is necessary to verify with the Registrar of Companies that the property is not mortgaged or is not being used as a security against a loan, otherwise it is not considered a freehold property.
