what is a landcontract?
474302
It is a legal agreement to purchase property from a seller by paying regular payments to the seller.  The seller retains title to the property as security until the payment is complete.
427094
If the land is left managed for 10 years, the person or entity that's beening using it will have the right to use.\n\nfor example, if A has a land but left it unattended, B live right next to A and has been using the land for farming or whatever, after 10 years B will have the right to use and and there isn't anything A can do about it.  (until B gives up the right)
1082913
Land and space might be considered together as real estate.\nEnergy might just include input (as in electricity) or require out put as well (such as a coal driven generator).  This can sometimes be combines with waste management.\nLabor is currently a variable depending upon equipment and robotics.\nCapital is required to cover the setup and initial operating costs.\nDepending upon the type of industry, raw materials or manufactured components might also be necessary.\nOne relatively new need seems to be communication connectivity, including telephone or microwave, radio and possible satellite or Internet connections.
579398
Both previous answers are partially incorrect. It is possible to buy and sell property without having it surveyed, but it is never advisable to do so, because you cannot legally rely upon the accuracy of the existing information, which may be either obsolete or simply wrong. Therefore, land transactions in which a title company is involved do require a survey, since title companies understand the value of a survey to verify the facts. Regardless of whether your neighbor has had a survey done or not, you should not construct a fence, wall, garage or anything else near your property boundary, without having your own survey done, and having a licensed professional land surveyor determine the proper location where you may safely and legally erect your fence. This is the only way you can be protected from liability. If you commence construction without the protection of a survey, you will be liable for any damage that may result.
316532
Usually the local realtors know them, however they will charge you for the connection.  They are often the people who develop land, along with local contractors.  A simple way to find them is to go to the county land records and look up who owns existing developments that are being created and sold.
104830
Land contracts vary widely from transaction to transaction. It depends on the seller on what they'll let you do since it is their name on the mortgage \nIn most cases, no grant deed is recorded. The buyer rarely obtains a new mortgage loan at the time of purchase. Instead, the new owner makes payments to an intermediary, (usually the seller) who then makes payments on the Sellerss mortgage, which is still in place.\nKeep in mind that such an agreement usually violates the lender's guidelines. If the lender becomes aware of a transfer of title on the property (which is why you usually don't record the grant deed & the seller holds the title), they can exercise the "due on sale" clause of the note.  This would require you to refinance the loan or sell the property.  Since many who buy on land contracts have problems qualifying for a mortgage, you can see how this can lead to problems.\nAt the same time, lenders generally only check for transfers of  title if the loan becomes delinquent.\nWithin a certain number of years, it is expected the buyer will be able to qualify for a loan.  At that time, they will obtain a new mortgage and pay off whatever amount the land contract requires. Then a grant deed is recorded and full ownership is conveyed.\nKeep in mind that Because income from the sale of land is taxed as ordinary income, many sellers prefer receiving payment in installments through a land contract instead of receiving payment in a lump sum.\nMake you sure perform a credit check on the buyer and if you don't feel comfortable with the outcome then consider a lease option. This way the buyer can exercise the option when he/she is better off and more able to pay. This will make it a lot easier to get them out if they don't pay. It will be harder for you to remove the occuipants out of a land contract. More than likely it'll involve court proceedings.\nThe pros and cons vary from situation to situation.It wouldn't hurt to consult with a real estate attorney on this matter. Hope ths helps
72591
I had a land contract in Alaska and the monthly payment and due dates were "set" by myself and the seller of the house.  We just agreed to a price, and put that price and a lot of other things into a contract we both signed and had notarized.\n\nCheck your state's laws about Land contracts.  It should be somewhere within your States Government web site.
810017
sorry, but there is no law requiring land owners to designate the boundaries of the land they own are clearly marke.d\n\nUnless its owned by the state and it publicly states that it can be used by the public (public right to access) then you must assume 100% of the time that hte land is privately owned.\n\nYou dont have a case as you were trespassing.
355043
A real covenant and an equitable servitude are basically the same thing: both are a contract that runs with the land, binding the landholders either to do something or refrain from doing something.\n\nA real covenant provides remedies at law, which usually means monetary damages (though other remedies at law are possible, including ejectment or replevin). An equitable servitude provides remedies in equity, which usually means injunctions (though other equitable remedies are possible, including constructive trusts.)\n\nBoth require the landholder who is under the covenant/servitude to follow it: either doing something or refraining from doing something. The other involved parties can enforce the covenant/servitude, but have no other direct rights under it.\n\nAn easement is similar, but different, in that the easement is an actual interest in the land held by someone. Easements appurtenant are held by the adjacent landowner, and usually pass with the land similar to covenants/servitudes. An example would be a right to use a road to cross someone's property, with the right belonging (as a real estate property interest) as part of an adjacent property.\n\nIn contrast, an easement in gross is a personal property right, to make limited use of someone else's property. For example, you can hold an easement in gross to fish in a pond on someone's land, and to cross their property to get to the pond. That right would be held personally by you, even if you didn't own any nearby property, and could be transferable by you just like any other property interest.\n\nThe main difference between a covenant/servitude and an easement is that the covenant/servitude imposes obligations of duty against the landholder affected, while the easements grants rights to the holder of the easement. The other major difference is that the covenant/servitude pretty much always transfers with the property being affected, independent of what happens with neighboring properties, while the easement is itself a separate real estate interest owned (as a right) by someone else.
371883
Good question, as English common law does not apply.\n\nThe common law rule is you have to take possession of the land for 20 years without the owner complaining, and it's yours.
870749
Well, these things are usually custom tailored to the specific needs!\n\nYou could ask a contractor to see a sample contract.
515012
I’m assuming that you do not want to sell the land.  Now comes the fun part what to do with the land now that you want to make some cash.  As I don’t have all the particulars (exact location, dimensions, setback, drainage, utilities, etc.) I am just going to have to quote the movie Robots, “See a need. Fill a need” in other words what is needed in the area that the public wants that they don’t have? And with only 2500 sq.ft. that’s going to be a tough one to call. A bait shop? A farm stand? A pizza delivery shop? An ice cream stand? \n\nGood luck in your endeavors.
772236
land mark is Wat it is
195515
Things to consider. Sometimes the land maybe behind other land(owned by someone else)you need to make sure you also get access to your land. How close is power lines to your land (the power company might charge you the cost if the main is far away and they have to do extra. What about water, do you need to drill a well? sometimes water back East can be real rusty,orhave a bad sulphur smell Or if you are Out West does water rights come with the land or do you have buy them. Does the land have good drainage? Are the taxes paid up (if you buy it you become responsable for any back taxes).
714629
Two issues. One is what the deeds say. The other is a concept called adverse possession.\n\nAdverse possession says that if you claim land for a long period of time (10-20 years), and actually use, then you get to keep it. It's more complicated than that in practice, but that's the idea.\n\nThe issue will get decided by a court. If you care about the seven feet, then you should consult with an attorney. She'll probably recommend filing what is called a "Quiet Title" action. That asks the court to settle any issues regarding property ownership.
1051947
Wonder if you mean, "A Contract for Deed".\nYou really do not have a debt on the land in that case.  You do not own it, and will not until it is paid in full.  This is a little like lawaway.  You may pay "on it" for a time, but it will not be yours until paid.  If this is the case, I don't think the balance of the "land contract" would qualify for consolidation.  A lender would really be financing the balance of the contract.  If it has a market value above the balance, you may get a lender to do that, and consolidate, depending on the value, which fulfills security requirements.
999256
land contracts, installment contracts, and contract for deed are generally used to refer to the same thing...you recieve the deed to the property when you have paid all the installments. they are treated as mortgages, in the state of SC at least...\n\nLease to Own refers to something else, i believe. people often confuse the terms. check with a real estate attorney to be sure you fully understand the difference if you are signing one in the future.