how often is the 18.5, land, under water

Robbin Murphy
Both Buyer and Seller
72908

Answers (2)
Lori Lay
Agent
Fort Smith, AR

Are you talking about the land on the Arkansas River listed with United Country All Star REal Estate please contact me at unitedcountry_fs@yahoo.com or go to our website http://www.fortsmitharrealty.com thanks much...Lori Lay Listing Agent 479-452-5597

Thu Nov 6 2008, 08:16
Judy Luna
Agent
Fayetteville, AR
FIRST ANSWER

I'm not really sure what you are referring to, but there are some situations where at least part of some land you purchase may be under water. For example, if there is a pond on the property, that would be land under water. Many ponds are small, but I have seen land parcels with large ponds.

Similarly, often a land parcel will have a boundary which is a river. In that case, usually the boundary goes down the middle of the river or creek and the amount of land that is under water will depend on how wide the river or creek is.

Because of issues like these, it is important to get a survey when you are purchasing land, especially land in the country. With this, items in the legal description of record will be drawn--so you can actually see where fences, bodies of water, etc., lie with relation to the land you are purchasing. A survey is a negotiable item when making an offer on land--the buyer can either ask the seller to pay for it, the buyer can pay for it himself (if it's an issue that is important to him) or the cost can be split 50-50 between buyer and seller.

Hope this helps.

Web Reference: http://www.JudyLuna.com
Sat Nov 1 2008, 14:18

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