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Buying or Selling a Home/Structures left on property purchased by new owner
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Question
Hi,Hans:
If a property considered for purchase has an existing business trailer on it that belongs to someone other than the seller, and the trailer owner can't afford to move it, does this trailer become part of the purchase?
Thank you so much.
Marie
Hi Marie,
Thank you for your question.
This is a legal question that should be resolved before the closing.
Do you the buyer want someone to remove the trailer? Then the owner of it should do so or the property seller would have to.
Does the owner of the business trailer want to leave it there and pay you rent? It all depends what you want as a condition to the purchase.
Is it even there legally per zoning regulations?
So, decide all of this before you agree to purchase.
Hope this helps.
Hans
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Answers by Expert:
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- Sue Bernstein
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- Todd C. Menard
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- Matt Heisler
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- Laurie Stephenson
- Marvin G. Bobbitt, III
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- Sharon Huneycutt, Realtor, Associate Broker, GRI, e-PRO
- CJ Brasiel
- Jeff Kessler
- Kathryn Hisert
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- Ted Lewis
- Kerrin Kostelic, FL Broker Associate, GRI, AHWD
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Hans Weber, Licensed Broker Associate
Expertise
I am able to answer questions related to buying or selling residential real estate in New York. There are many questions buyers and sellers have about the process of buying or selling a home that they are afraid to ask or that might seem too simple to ask. For instance: in a house, why do some doors open in and some doors open out?
Experience
Licensed real estate agent in New York State in 1988.
Serving buyers and sellers as a full time occupation since 1988 with over 300 successful residential real estate transactions.
Organizations
National Association of Realtors.
Westchester County Board of Realtors.
Education/Credentials
Graduate of Pace University in 1988 majoring in business and minors in taxation and computer science.
Awards and Honors
Consistently one of top sales awarding winning agents for Coldwell Banker in Westchester County.
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