a legal property owner is not doing the up keep of their property, so a neighbor is and has been taking the responsibility to mow and maintain the property, without a contract to do so.... so legally its as if the property has been abandoned...legally can the neighbor claim that property
Tennessee does have laws concerning "adverse possession" but they are complex and involve a through analysis. You will need to discuss all of the facts in great detail with an attorney that handles real estate matters to receive proper advice.
Check the wording of the real estate contract used in the transaction. The possession date is usually spelled out in the written agreement between the parties. If you do not find the answer there, take all of your paperwork to an attorney that is familiar with real estate transactions.
I had the Buyer. The Asking Price was $79,900. It sold for $78,000 with the Seller paying $2,000 toward Closing Cost.Is the commission based off of $78,000 or $76,000. My Broker said its $76,000. I'm new to Real Estate but this doesn't make sense. My Buyer has a loan for $78,000, the... View More
Typically, the real estate commission is based on the total sales price, which in this case you have identified as $78,000.00. Sometimes the commission is based on a lesser number but a commission of less is discussed and agreed to in advance by all parties. Check the wording of the listing...View More
Read the expired contract that you signed with the real estate agent. Often there is a provision that if you sell to someone who became familiar with the property during the previous listing period, you may still owe a commission to the previous agent. If however, the new buyer was not familiar...View More
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