Alan R. Horvath, Attorney at Law
|
For many of us, real estate represents the bulk of our assets. Making an investment in real
estate in a rural environment requires that you explore a number of issues that simply do not
exist when making a purchase of a home on a city lot. Many of these issues involve interaction
with the law.
To start, any potential investment in rural land must consider the relevant land use policies in the
county. You must be clear how you intend to use the land and what uses are allowed by the
zoning in place.
The second big question is access. Many rural parcels are not on a public road. You need to
explore easements in depth; both those you will need to get to your parcel, and those that exist
in fact or by implication to allow others to get to their land across your parcel.
How you take ownership will also need consideration. If you have an existing trust, that may
dictate your ownership choice. If not, your ownership choice will impact how the parcel passes
on your death, and for a married couple, on your divorce. These are important legal
considerations for your family.
Finally, in your contract of sale, you need to consider what research you need to complete
before a final decision, how much time you need to complete it, and who bears the risk on the
expenditures needed.to protect your investment.
Phone: 209 754-5291 Fax: 209 754-5293
|
ahorvathlaw@sbcglobal.net
|
Serving Calaveras, Amador, Tuolumne, and San Joaquin counties, California
|
PO Box 61
596 Mountain Ranch Rd.
San Andreas, CA 95249