The Motley Fool Discussion Boards

Previous Page

Personal Finances / Buying or Selling a Home

URL:  http://boards.fool.com/the-seller-of-the-property-quotgavequot-deeded-30588189.aspx

Subject:  Re: Rant of my Own Date:  3/13/2013  2:36 PM
Author:  inparadise Number:  124958 of 127222

The seller of the property "gave" deeded access to the buyers of the lot with the well. Unfortunately, per his deed on his own property, it was not a right he had to give. His deed allows him access to the river when he bought his lot from a third party who owns the river frontage, permission which is terminated upon sale of his property to another.

Even if the lot with the well originally had permission when our seller owned it, when he sold it to the vacation rental owner, that permission from the river front property owner terminated. I have zero understanding how it wound up on the well owners deed, given it was never our seller's to offer. They would have had to renegotiate with the owner of the river frontage, not our seller.

IP
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us