My boyfriend just bought 5 acres of land from his mother. The land is undivided land from his grandpa. The bank is using the land as collateral for a double wide. His father says that we can't survey it. What good is the land?

ANSWER

Anonymous

ANSWERS: 1

Anonymous

the father is wrong...you can survey any propery...i am gonna assume you mean he is sayin you cant subdivide it? that maybe true but you could contact the bank and ask if they would be willing to refinance after a subdivision and only lein the parcel where the trailor is...another possible scenario is if you and your spouse arent the persons who borrowed against the property, you could petition for partition in a court of equity against the borrower and the bank....

No comments
| Permalink | Share | 22

0
No comments

ABOUT ANSWERBAG

Answerbag wants to provide a service to people looking for answers and a good conversation. Ask away and we will do our best to answer or find someone who can.We try to vet our answers to get you the most acurate answers.

Answerbag | Terms of Service | Privacy Policy

RELATED QUESTIONS

RELATED TOPICS

ABOUT ANSWERBAG