Sometimes It's Best to Check the Neighbor's Deed Also~Vacated Streets

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Real Estate Agent with Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745 141871

Sometimes It's Best to Check the Neighbor's Deed Also~Vacated Streets

 

Interesting story about one of our subdivisions in Idabel.  One of the streets on the west side of the subdivison had streets platted that  intersected it to lead into an unplatted, undeveloped piece of land that is not part of the subdivision.  

 

A civil suit in recent years brought about the vacation of that those streets.  Each half of the vacated street became part of the adjacent lots of the vacated portion.  

 

One of our clients got ready to sell  one of those lots.  Their deed had the lot number but it also had a metes and boundary legal description which was kind of odd since it is in a platted subdivision.  

 

Very quickly we had an offer for the lot.  

 

We always encourage clients to request a survey of the property they are purchasing if there has not been one done in recent years.  When the survey came back on these lots, ALL of the vacated street had been deeded to the neighbor across the vacated street AFTER the sellers had purchased their lot.

 

This would have been discovered by the sellers if someone had checked the deeds of the neighbors... but that's usually not done here BUT from now on, when their are vacated streets associated with a clients property, we will be checking the neighbors' deeds also.  

 

One of those times when gathering more information than normally done would  have been beneficial.  

 

Buyer and Seller have reached agreement on the sale so all is good.  

 

Part of my search for information on these types of situations, turned up this page. 

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Anna Banana Kruchten Arizona's Top Banana!
HomeSmart Real Estate BR030809000 - Phoenix, AZ
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Wow Judi that is a very strange situation. I don't think I've ever run into anything like this in 30 years in the biz. Glad you got it all fixed and it worked out.

Aug 28, 2017 01:42 PM #1
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