0
Land cannot legally be landlocked. Go to the deed office and research the history of the land and you'll find land cannot be sold landlocked. A right of way has to be included in the deed. Check all the history and you'll find the original land owner who sold it and bought it that it has a right of way. You may have to hire an attorney to get the right of way back like it originally was.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Buying up land to sell later for profit is called?
Investing? Land speculation? Real estate investing? Any of those would do.
In Michigan can you sell a house on a land contract if their is a very large Mortgage on it?
Absolutely not legal.
A judgment is coming against you in the near future. You now purchase land with owner financing. Could this down-the-road judgment force the land to sell considering the funds you used to purchase?
That depends on the laws in your state. Generally, if the debt is large enough to justify the cost of a siezure and sale and if there is enough equity in the land the judgment creditor could sieze the land and keep it or sell it. However, if there is a recorded mortgage prior to the judgment the land will be subject to that mortgage. On the other hand the judgment creditor could simply record the judgment lien in the land records and keep it updated. Under those circumstances you couldn't refinance or sell the property without paying the lien.
What is the difference between fee and fee simple?
Both fee and fee simple mean that you are the absolute owner of real property. You can sell the land or leave it to your heirs.
What if you sell the car and you have a title loan out on it?
That's illegal. Technically, if you 'borrow' money against your vehicle, the car becomes the property of the loan company until you've repaid the loan. If you sell the car before the loan is repaid, you're likely to land yourself in court !
Is Thailand land locked?
No, Thailand is not landlocked, though it neighbours landlocked countries
What are the landlocked continents?
No continent is completely surrounded by land, so there are technically no landlocked continents.
What means landlocked?
When a portion of land is surrounded by land, and no water.
Is New Zealand a landlocked place and why?
New Zealand is not landlocked. In fact, it has no land borders with any other country. It is surrounded by ocean. A landlocked place is surrounded on all sides by dry land.
What does does landlocked?
landlocked means that the land is surrounded by other land and it has no shore or anything else landlock means not alot of water but surrounded by mountains
What is a term used to describe a country that is entirely surrounded by land?
Landlocked. Switzerland is a landlocked country
What is the antonym of landlocked?
The antonym is "enclosed by land".
How do you access land that is landlocked?
by road or river
What is the name of a land completely surrounded by land?
The term you are looking for is landlocked.
Is Egypt a landlocked?
No, it has land in some places and land on some sides.
What geography term is used to describe land not surrounded by water?
If an area of land has no access to water, it is known as "landlocked". For example, the country of Switzerland is landlocked.
What is landlocked Colombia or Bolivia?
Bogota is inland. Colombia is not a landlocked country.
