Get answers to legal questions about real estate

the question

We are buying a property that is not on a state maintained road,what should our concerns be?

the answer

You should be concerned as to whether there is a private road maintenance agreement in place with the other users of the road. You will need this to show who is responsible for maintaining the road. Also, your lender will most likely require that there be a road maintenance agreement in place before loaning money. Even if you are a cash buyer it would be best to have a road maintenance agreement in place prior to purchasing.

Phillip C. Price
Real Estate Closings

• Affordable • Experienced • Accessible
828-633-2374 • www.phillippricelaw.com 

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