Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Personal Finance and Investing

Showing Original Post only (View all)

SarcasticSatyr

(1,198 posts)
Wed May 1, 2024, 10:25 AM May 1

Could someone assist me with a real estate question (Sorry if this is the wrong forum for this question) [View all]

I recently received a letter asking if I would be interested in vacating a portion of a street that lays between our two properties. Doing so would split the 50 foot easement between us adding 25 feet in depth to each property. What are the implications of this?

Currently there is no access to this side of the property, but my worry is that this will hurt the value if some future owner wishes to break the lots in half, because the rear portion will have no access.

I'm sorry if this comes off as a little confusing, thank you for any assistance or incite you have. If you need more information please ask ... thanks again.

10 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»Culture Forums»Personal Finance and Investing»Could someone assist me w...»Reply #0