I have a friend that have a farm minus a house built on it that he wants me to run. I would close to to live on the premises and am offering to pay for the building of a home if he provides the park. Will this work legally? If I call for to move, our arrangement will be that he will buy just the house wager on from me.
Answers: You will need to own a contract between you stating what the condition of the transfer and mart are. You will need an easement to access the property.
Thinks just about the what if's after a nasty breakup, next go from within.
Legally speaking he has no obligation to buy the house, it becomes his as soon as you build it.
You would also want to pay lolly for all materials, you can't receive a construction loan without owning the stop (because you would not own the house).
Your best bet would be to live in a trailer, that may you can lift it with you.
BAAAAAAD perception! If you build on his land, it's his house. When the property is deeded it is the house that is on the permitted description- not the house. Better to let him deal in you a small section of the manor to build on. He would need to own it surveyed. You will want him to legally verbs a piece of land to your describe so that he can never just see you off his property.
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Answers: You will need to own a contract between you stating what the condition of the transfer and mart are. You will need an easement to access the property.
Thinks just about the what if's after a nasty breakup, next go from within.
Mobile Alabama physical estate?
Legally speaking he has no obligation to buy the house, it becomes his as soon as you build it.
You would also want to pay lolly for all materials, you can't receive a construction loan without owning the stop (because you would not own the house).
Your best bet would be to live in a trailer, that may you can lift it with you.
5 daytime consideration to remedy or vacate?
BAAAAAAD perception! If you build on his land, it's his house. When the property is deeded it is the house that is on the permitted description- not the house. Better to let him deal in you a small section of the manor to build on. He would need to own it surveyed. You will want him to legally verbs a piece of land to your describe so that he can never just see you off his property.
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