Permits
Permits are formal approvals issued by municipalities, provinces, or competent public authorities. In commercial real estate, they are essential documents: without a permit, no office, industrial unit, or retail space can be legally built, renovated, or put into business use.
Common permit types include:
- Environmental or building permit (for structural works and conversions)
- Use permit or change of use permit (authorization for specific business activities)
- Planning permission (compliance with zoning and development regulations)
- Health and safety approvals (for food, hospitality, or hazardous operations)
- Signage or parking permits (for site-specific installations)
Missing or expired permits expose owners to enforcement action, closure orders, and fines. Professional due diligence always includes a full permits audit before property transfer.
