BEST ANSWER
Hello Suzanne,
Shared driveway problems are dictated by the people that share them. If you and your shared driveway neighbor are highly responsible people, and get along well, then most likely there will be no issues and both will keep the driveway well maintained and available for both homes. If relationships deteriorate then it can become a method of contention. If your neighbor falls into financial hardship when maintenance is required then it can potentially be left to you for maintenance. If your neighbor sells to an irresponsible person then it can potentially be an issue to you.
In my opinion if I were to look at a home with a shared driveway I would certainly look at the deed to spell out restrictions in the driveways use, maintenance, etc., etc., much like deed restrictions by an HOA association. Even with that you should prepare yourself that it is always possible you might have to resort to stronger methods to enforce your neighbors responsibilities. If there is nothing in writing that both parties have signed then many times it is always a potential problem area.
As much as we would like to look towards the good side of others, this is not one of the areas that you can rely on. You will be paying a lot of money for this home, going into debt with a loan and most likely have to live there for many years. Why place yourself in a position that you will kick yourself forever for?
O.K. RE Agents, you can start blasting me for being forward thinking and offering opinions based on practical experiences!!
Emmanuel J. Scanlan
PS Inspection & Property Services LLC
http://www.psinspection.com
214-418-4366 (cell)
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Knowledge is power, but sharing knowledge brings peace!!
Fri May 15 2009, 11:50