7 unit property and small lot on purchase agreement?

[Greg W.]

Hi guys,

I am in the process of buying a 7 unit building. There is a separate small tax amount in a spreadsheet seller sent me, which is the lot that tenants park on. However In our purchase agreement, we only have the address of the main property. Does the address of the smaller lot need to be added for me to gain ownership of that also? Seller owns both and is intending on selling small lot to me with building.

Thanks 

Greg W

[Charlie Fitzgerald]

If it's two seperate parcels yes.  If it's part of the parcel that the 7 units sit on, probably not.