To: E. Pluribus Unum
So let’s say I substantially improve the property buy building myself an addition to the house the developer built. Why should I have to pay the full transfer fee if I did much of the work that created the upgraded value myself? This is a lawsuit waiting to happen.
11 posted on
03/30/2010 8:22:42 AM PDT by
Liberty1970
(http://www.caringbridge.org/visit/lydiablievernicht)
To: Liberty1970
So let’s say I substantially improve the property buy building myself an addition to the house the developer built. Why should I have to pay the full transfer fee if I did much of the work that created the upgraded value myself? This is a lawsuit waiting to happen. If you sign a contract with this in it, or purchase the property from someone who did, you're hosed.
Just make sure that the property is not encumbered with this. It ought to show up in a title search. That's what they are for.
16 posted on
03/30/2010 8:24:37 AM PDT by
E. Pluribus Unum
(FYBO: Islam is a religion of peace, and Muslims reserve the right to kill anyone who says otherwise.)
To: Liberty1970
Law is a growth industry after all.
26 posted on
03/30/2010 8:31:35 AM PDT by
RobRoy
(The US today: Revelation 18:4)
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