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DanG
 
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Default Can you acquire a portion of a parcel?

There was a similar situation here selling out an old railroad
right of way. One neighbor bought out a 3 block strip that
touched his property. He sold the other parcels to each owner
along the way. He sold at a modest profit to each owner. He
allowed that his profit paid for his lot with a generous bonus,
though he had to wait over two years to sell all the lots.
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Keep the whole world singing . . . .
DanG (remove the sevens)




"miamicuse" wrote in message
...
A neighbor with a 40,000 SF lot is selling the lot. The back
side of his
lot line is the back side of my lot line. I have always wanted
another 50'
of my backyard so I am thinking that is about 5000 SF. Is it
possible to
make an offer to buy that 50' from his lot does that require him
to split
his lot into a big piece and a tiny piece first? How would one
go about
doing this if it is even possible?

Thanks in advance,