Re: Land ownership question

Posted by clueless on February 20, 2006 at 21:11:59 from (71.34.64.28):

In Reply to: Land ownership question posted by Buckeye on February 20, 2006 at 20:45:21:

With all due respect, and sympathy:remember that old cartoon from Vietnem days, showing LBJ with a fishing pole and a can of worms labelled "Saigon politics"?..that's you...While it's true that language COULD be a reversion clause, it all depends on what State you're in and how your courts interpret these cases, AND the circumstances of your individual case...many factors come into play, and only an atty can advise you..and not just "an" atty, but an experienced land-use/real estate atty (you wouldn't go to a Podiatrist to have brain surgery)...and something to consider is: how much does your "neighbor" want, and if it's not much, how likely would a purchase "bury" any questions??? (Reversion to whom? the heirs of the party(Mr. A) who first put the "reversion" in?..to the party that Mr. A sold to (to come down to you, hopefully?) Reversions, when they exist, can be a real "can of worms"..Good Luck (you'll need it)

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