Vacant land purchase ( land lock )
I need answers ! We have agreed to pay $40,500 for a piece of property (vacant land to build our $300,000 dream home with . The land is located in med. priced country med. I mean $40,500 for 5.11 acres. That has no road access . Stated in our contract to the seller , rights to the driveway . Log cabin house built and has a family living there at front of property . Buying the second vacant lot $40,500 that is on the property and driveway . 3rd lot on the property and driveway 6.02 acres is currently for sale . Owners Of the vacant lots for sale live at the back of the property with 22 acres . They send us a driveway maintenance contract to sign that says we r to pay $25 a month driveway maintenance for a lifetime and $3,000 when we build our home due to maintenance of the driveway , when water is run and so forth . There is no road access to cut our own driveway . Realtor stated that the driveway was an easement ?? But the owner of the property is wanting to charge us these amounts of money . When dies it goes to his children how do I get the right or easement from the road to my house without feeding the seller money each month , realtor told my wife and I that he does the driveway himself .