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Buying/Leasing portion of neighbor's land for parking space

Discussion in 'Easements & Right of Way Law' started by Farfel, Apr 1, 2014.

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  1. Farfel

    Farfel Law Topic Starter New Member

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    I own a home in Brooklyn, NY and I negotiated with my next door neighbor to purchase/lease a piece of his property that adjoins mine for use as a carport. I was told that the best way to do this is either get a long term lease i.e. a 99 year lease (which I would be paying upfront for), or get an easement on the property that will allow me to use the property as a parking space. Which option makes more sense for my situation? Would an easement give me exclusive rights to park on that piece of land? What are the advantages/disadvantages of getting a long-term lease VS. an easment? The seller has indicated that he would go along with either option.
     
  2. army judge

    army judge Super Moderator

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    You BOTH should speak to an attorney (your OWN attorney) before doing anything.
    What you propose require MORE than a form.
    Hint: take a look at the deed the other person allegedly holds, and do a title search.
    Again, each of you requires legal advice from a real estate lawyer.
     
  3. Betty3

    Betty3 Super Moderator

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    Agree, you shouldn't enter into any type of "agreement" such as this without speaking to a real estate lawyer first.
     

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