I BUILT MY HOUSE ON A WRONG STAND !
“I built my house on a wrong stand,” is a
statement that expresses a reality of investing in real estate. Its possible
that in the excitement of purchasing a stand you can by mistake build the dream
house on a wrong piece of land usually an adjacent stand. If this happens my
question is what do you do to rectify this problem. Well as a property
consultant I will give some legal remedies that can be applied to help you out.
One of the ways forward is to swap these
stands and a conveyancer is approached to create a deed of rectification. A
deed of rectification is meant to legally swap ownership so that you own the
stand you by mistake built on and the owner of this stand owns yours.
WESTGATEGOOD HOPE A NEW AND MASSIVE 4 BEDS, with mes, roof under tiles, lovely exterior finish, septic tank on 2160sqm, title deeds, for $109 000.00 only. Also has kitchen, scullery, pantry, dining, lounge x2, reception hall, double lock up garage and plenty of tape water. CALL 0772 997229
But obviously this move is subject to an agreement between the two parties. There is a high possibility of conflict especially when your stand doesn’t meet your partner’s needs in terms of things like size, soil type etc. Conflict can also come about when your partner suspect foul play. Humility on your part is therefore, greatly needed in order to show the other party that what happened was just a mistake so that the deed of rectification can eventually materialize.
Comments
Post a Comment