Which is the most asked question in real estate?
Consequently, it is one of the most frequently asked real estate questions. To reduce the risk of property damage, the landlord should collect a security deposit when the tenant moves in. The deposit will cover any damage and also remind the tenant to ensure that the property is in the condition they found it when they move out.
How long does it take for someone to own your land?
In some states, it’s just a few years, but other states require up to 20 years or more. During that time, the person’s use of the property must meet several criteria:
How is the value of a property determined?
The value of a real estate property can be determined using a number of methods. However, the most common method for determining how much a property is worth is by conducting comparative market analysis. This is an in-depth examination of recently sold similar properties in the same area.
How long do you have to use someone else’s property to claim adverse possession?
This rule is called “adverse possession.” In order to claim adverse possession, a person must use someone else’s property for a period of years. In some states, it’s just a few years, but other states require up to 20 years or more.
When does a property line become a boundary dispute?
A property line is a legal boundary line that defines your property and separates it from your neighbor ’s. If your neighbor has a fence, a structure or a new addition to his home that crosses your property line, this could end up becoming a boundary dispute. In a situation like this, by comparing deed copies,…
How long do you have to use someone else’s property?
This rule is called “adverse possession.” In order to claim adverse possession, a person must use someone else’s property for a period of years. In some states, it’s just a few years, but other states require up to 20 years or more. During that time, the person’s use…
What should I do if my property line extends 60 feet?
Case Details: At a certain point, the fence extends 60 feet into my property. What you should first do is to contact a property lawyer to understand your rights. This is important since many states have a legal concept called “adverse possession”.
When to contact a lawyer for a property line dispute?
The property lawyer will go through your case and tell you if adverse possession already applies to you. In the event that it doesn’t apply, you will need to get the neighbor to move the fence, otherwise he/she might be able to get the title to the land through adverse possession at some point. You may want to contact a lawyer as soon as possible.