Possession and infrastructure status
An authority can allot a plot before the estate's roads, water and sewer are finished. Where infrastructure is incomplete the allotment goes ahead without an offer of possession, while the payment schedule runs on normally — so money is due on a plot that cannot yet be built on. PropIQ carries the authority's own readiness flag per plot and offers it as a filter.
Worth knowing
- Possession is normally taken within a stated window of full payment, and the clock is enforced.
- Plots are sold where-is, as-is: the authority does not warrant its own measurements.
Questions people ask
What is Possession and infrastructure status in a government plot auction?
An authority can allot a plot before the estate's roads, water and sewer are finished. Where infrastructure is incomplete the allotment goes ahead without an offer of possession, while the payment schedule runs on normally — so money is due on a plot that cannot yet be built on. PropIQ carries the authority's own readiness flag per plot and offers it as a filter.
What should a bidder watch for with possession and infrastructure status?
Possession is normally taken within a stated window of full payment, and the clock is enforced.
Anything else about possession and infrastructure status?
Plots are sold where-is, as-is: the authority does not warrant its own measurements.