What is a LIM report?
A LIM (Land Information Memorandum) is a report done by Council, collating all information on a specific property that we have stored on our databases.
Normally a LIM is requested when you are buying a property, as it may answer some important questions about the property and any associated buildings.
A LIM allows you to discuss concerns you may have regarding Council requirements, matters or issues, and to seek legal advice. Banks and insurance companies may require a LIM to protect their investment. Please be aware that only a current LIM is valid for the purpose of a Sale and Purchase Agreement.