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Updated 2 days ago on . Most recent reply

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Justin Mumm
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how do I purchase 5 acres of my families 10 acre property?

Justin Mumm
Posted

I listen to all of the bigger pockets podcast, and I keep hearing about subdividing or condoing Out part of property. My stepdad currently owns a 10 acre property that is Zone single-family home in Sparks Nevada. How can I legally purchase 5 acres of that and build my own home on it?

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James Mc Ree
  • Rental Property Investor
  • Malvern, PA
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James Mc Ree
  • Rental Property Investor
  • Malvern, PA
Replied

Call a real estate attorney who specializes in zoning and is local to the land. They can help you with the legal aspects and recommend an engineer to help with the subdivision. 

You can Google for a simple real estate contract for you and your step-dad to sign to sell 5 acres. Make it contingent on the subdivision. Call a title company local to the land to assist with executing the transaction. 

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