Buying or Selling a Home/Home Sale and Land

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Question
Does the land around a house convey when the home is sold? End Unit Townhouse in Washington, DC

Answer
Russell:

In specific real estate language, your question is hard to get a handle on.

   "Does the land around a house convey when the home is sold? End Unit Townhouse in Washington, DC"

Here's what I think you mean:  You own a townhouse, which legally is likely classified as a condominium, and you want to know if the land is conveyed when it sells.

If that's correct, than you need to check your deed, which will likely be incorporated as part of the master deed, which is part of the public record for you home.  In most cases, condos have "joint ownership" of the land that the condo sits on, but there are exceptions.  If I'm reading your question right, when you sell your condo, the "joint ownership" of the land will convey.  You can use it, but only in the manner specified by the association.  Any other use would need association approval.

Even though we commonly talk about selling "houses" what we are actually selling (most of the time) is the REALTY, which is a legal term meaning the land and everything on it (including the house).  In a single-family transaction, the REALTY includes the land as specified in the DEED, which is the official record of what is being sold.

So, I'm not sure what your selling, or buying, but that should cover both cases.

Matt Heisler

Buying or Selling a Home

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Matt Heisler

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I can answer questions about buying or selling your home, and questions about the market in Massachusetts, with detailed answers if you ask about my specific area in Mass, Metrowest. I can help with Investment property and the basics of financing. How to construct deals and how to find bargains and how to protect capital. Land, home sales, rehabs, fix and flips, income property are places where I could be able to assist you. I can also answer basic questions about foreclosure, short-sales, 1031 exchanges, and basic questions about how the economy and credit markets are functioning and how that affects you.

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My company sells residential real estate in Metrowest, and we have had a been selling real estate in the area for 20 years. My Blog can be read at Real Estate Sales in Massachusetts

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Vanderbilt University BA

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