Q: Who is the responsible party for resolving a partial reconveyance issue in a lot sale? Sellers, buyers, or title co?
I'm under contract (I'm the buyer) for a 1.5 acre piece of land and apparently it was described incorrectly when it was originally subdivided. What is the best way to resolve this issue and who is responsible for working to get this resolved? The buyer, the buyers agent, the sellers, the seller's agents, the owner of the land/house that has a mortgage on the lots that is encumbering ours, or the title company? This issue has been going on for over 30 days and no movement on it. Is a real estate attorney worth while in this situation? The owner of the property next to our lot is cooperating with our title company, but nothing is moving forward.
All of the parties should be motivated to move this along, assuming the seller wants to sell and the buyer (you) still want to buy. The complexity of resolving this type of dispute varies considerably based upon the type of property involved, and the jurisdiction(s) which have authority. Sometimes you have many levels of bureaucracy
to deal with. A real estate lawyer may be helpful in answering the specific questions involved,
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.