Special offer

Buyer Beware: What are Driveway Easements?

By
Real Estate Agent with Cedar Rapids/Iowa City, IA KW Legacy Group S44645

Buyer Beware: What are Driveway Easements?

 

A week ago, my buyers found a home that they really liked and they wanted to write an offer.  It was a new listing and I had the listing agent email me the property disclosure.  On the first page, there it was, the driveway easement.  In walking around the property, I had talked to my buyer about the fact that the neighboring home accessed the back of their property by using the driveway.  There was no attached recorded easement, so in the purchase contract, I added a contingency for the easement to be delivered to me within 3 days of acceptance for review.

 

pen and paper

 

We had an accepted offer, but I was still leary of the easement.  When I opened the document, my fears were confirmed.  The easement not only stated that the neighbor had unlimited access to the driveway, but also that any improvements or changes to the driveway needed to be approved by the neighbor.  In other words, if the neighbor would not agree to the shared cost of improvement, nothing could be done by the owner.  Add to that, the easement was drawn to within a foot of the corner of the house and the back stoop of the property that my buyer wished to purchase. 

 

My buyers wanted more information about the easement and their rights within it, but after a week of back and forth, it was still not clear what options they would have regarding the paving of the driveway.  Add to it that the home inspector claimed a near death experience as he was walking around the corner of the house only to see the neighbor speeding around the corner!  Nope.  Not going to happen.  My buyers have a small child and a dog to consider and it is all about their safety.

 

Cancelation of the contract today and back to the drawing board.  This could have been prevented had we had the easement prior to making the offer.  Next time I see an easement like that, I will ask for a copy BEFORE writing the offer.

 

Keep smiling!

 

Karen

 

 

Posted by

 

Karen Feltman, REALTOR®, ABR, AHS, CHMS,                                                                      CNE,CRS, e-Pro, green, GRI, SRES, TRC

Keller Williams Legacy Group

4850 Armar Drive SE Ste B

Cedar Rapids, Iowa 52403

Email: karenfeltman@gmail.com

Mobile  319-521-0701

www.KarenFeltman.com

Licensed in the State of Iowa

© 2010-2021 by Karen Feltman, Cedar Rapids/Iowa City Relocation Specialist 

Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Karen Feltman a listing agent should have all of the documents available in MLS to avoid motions of writing an offer and having a home inspection on a deal that will not happen....and buyer agents should secure a copy of the existing deed to see if there are any easements....

Mar 14, 2017 07:13 AM
Karen Feltman
Agreed. It was on the weekend that we wrote the offer and our county records are not as accessible online as some other areas. :/
Mar 14, 2017 08:19 AM
Paul Antonelli
Antonelli Realty - Saint Cloud, FL
Broker Owner; Antonelli Realty

Best of luck on the next search. Hope they find something just right for their family. Nothing worth buying a home that puts their child at risk, especially if it could have been prevented. 

Mar 14, 2017 07:43 AM
Karen Feltman
I am sure that we will find something even better!
Mar 14, 2017 08:20 AM
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

Another learning experience, sure something better will come along soon.

Mar 14, 2017 07:49 AM
Karen Feltman
It is a learning experience for sure.
Mar 14, 2017 08:20 AM