Bob wants to borrow money from Smart Bank to buy land and build a house in a newly released land development in the Serene Palms master planned community. The developer of the estate has imposed very specific requirements in the contract about what must be built. Also, the plan shows that the driveway is 'shared' with the adjoining block.

What matters does Bob need to consider if he wants to proceed to buy the land? [you can assume he will get all proper legal and financial advice] Discuss.