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Re: buying land with right-of-way acres


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Posted by MSD on February 11, 2011 at 07:22:08 from (4.254.218.222):

In Reply to: Re: buying land with right-of-way acres posted by amnion on February 10, 2011 at 20:56:11:

When you hand the man a check for the property, you paid him what he wanted for it. Period. It might not have been his first asking price but if he sold it, he got what he wanted for it or settled for. You usually don't get something for nothing. If it has a right off way and you don't want to take title to it (paying for it) do you think that seller is going to keep title and pay taxes on a road right of way and half of the road? Around here you would have to do a replat in order to seperate a parcel into 2 parcels. That involves a survey and a process of approval before the county commission-read dollars. A county plat book probably wouldn't show the actual property line measuring points. You have to get the actual plat of the parcel you are looking at. Around here the Register of Deeds has these. It should show the actual survey points with the measurements taken at that time and if it has a right of way for the road, it will have the width of it. Any land auction I ever went to, the auctioneer stated at the beginning and at the end that the acres are more or less, but the final price is for the total acres that they are calling it. Like 160 acres more or less but you pay for the 160. There would be a lot of short quarter sections sold if they didn't include the right of ways.


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