AboutAl Romero, Ltrs. Expertise I can answer questions relating to general Real Estate in Pennsylvania including questions relating to Real Estate Investments and Landlord issues. I cannot delve out of my expertise ie;as in the practice of Law.
www.yorkhomeguide.com
Experience 5 years as an Investment property Advisor with a local Investment firm and 3 years of general practice.
Organizations National Realtors Association
R.A.Y.A.C
Pennsylvania Realtors Association
H.A.R
Publications york listings
Central Pa Real Estate Investors guide
Education/Credentials Center of Real Estate Law and Sales Practice.
Ltrs certified.
housevalues agent certification.
Expert: Al Romero, Ltrs. Date: 11/14/2007 Subject: deed stipulations
Question Hi,
Hopefully you can offer me some additional insight. I am currently in the process of purchasing a building (commercial) for the purpose of vehicle dismantling and repair. The seller has two buildings situated next to each other, only one of them is available for purchase. The seller wishes to stipulate on the deed that no mechanical repairs can be performed in the building once purchased. My questions are: would the seller be able to stipulate something like that? How long would a stipulation be effective? What can the repercussions be for violating a deed stipulation? Thank you for your time and expert help, I look forward to hearing from you.
Fred
Answer Yes deed stipulations can be added to limit use. Including auto repair. How long you ask ,well if it is in the deed it is forever or a judge rules it illegal.
If I were you and you plan on doing that type of work look for another building. You will be dealing with the township/city and they can fine you and even throw you in jail. locally we had an owner to a property were it was deeded no adult entertainment and guess what he was doing. he is in jail right now.
