Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

ADVERSE POSSESSION?

 

A lovely 2 acre parcel of Shell Knob, MO waterfront land will close in 10 days. I sold it to a couple who live next to it, extending their current 5 acres..... or that was the plan.



Checking the plat for the area, I found a break between the two properties. This was a narrow strip, which divided the parcels by 12'. Further checking found that it was not an easement, etc, but was privately held, and until the last 3 years, the owner was paying $58/yr property tax for this 12 x 410' of land! Taxes have not been paid for three years.

There has been no response to the letter I sent to the owner, nor can they be found by checking on line or in the obituaries for Texas.

So what to do? Have recommended the buyers get a survey and consult an attorney. After checking legalities on Adverse Possession, it seems to be a real quadmire (minefield). Sure makes me wonder who dropped the ball on this when any of these properties were last sold to end up with a stray 12 feet of land?

 

Call Joan ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention