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Can a private limited company purchase agricultural land?

Updated: 8/17/2019
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14y ago

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As far as I am aware a private limited company can purchase land. The private limited company has got its own legal entity and as such can enter into the purchasing of land under the name of the limited company. This will mean that the private limited company will own the land and no sinlge member, shareholder or director will have ownership and their names won't be on any legal documents relating to the ownership of the land. I hope this answers your question!

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