What all is involved when “breaking” up a parcel of land besides a survey? Might buy some land off of my buddy and was looking at cost involved. Looks like 3 acres of a 17 acre piece of property.
What all is involved when “breaking” up a parcel of land besides a survey? Might buy some land off of my buddy and was looking at cost involved. Looks like 3 acres of a 17 acre piece of property.
Much appreciated
I would get title work completed with a title policy.
They will have to survey the 17 acres first then survey off what your buying. As mentioned, I recommended to get a title policy As well. If it’s not retained by the seller the minerals (if there are any with the property) will Convey to the buyer.
Also as an aside make sure the parcel you are buying is large enough for your intended purpose. Ex many counties have acreage requirements to drill a well make sure you have enough acreage to get proper permits for wells septic etc
I purchased 10ft of my neighbors property in Fort Worth and after everything was submitted to the city and replated, survey alone was 4K. You are probably looking at something similar in price, perhaps a bit more. Then title costs. I avoided those since the flipper was selling and title was run on the new replat so their title took care of it for us too.
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