Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

4
Posts
0
Votes
Lucas Sawyer
0
Votes |
4
Posts

Shared driveway maintenance agreement

Lucas Sawyer
Posted

I am closing on a house and I am already thousands into the property. The underwriters are now requiring a shared driveway maintenance agreement. However the current owner will not sign said agreement leaving me wondering how to close on this home. The lot doesnt have space on the opposite side of the house for a new driveway, and they apparently will not allow expansion of the current driveway, which im not sure could work anyways considering the houses are so close together. What can I do to get them to sign this agreement or get around this issue?

Most Popular Reply

User Stats

3,473
Posts
3,424
Votes
Tom Gimer
  • DMV
3,424
Votes |
3,473
Posts
Tom Gimer
  • DMV
Replied

@Lucas Sawyer It doesn't make sense that the neighbors would not want a neutral agreement recorded concerning maintenance of the shared driveway. I would raise the issue as a title defect preventing settlement and demand that the seller resolve it. If they have to pay the neighbor to sign, so be it.

Also check the agreement itself... I have one now where the terms of the proposed agreement (seller's attorney drafted it) were considered unreasonable to the neighbors. The seller is soon to be out of the relationship... they shouldn't include any unnecessary terms.

  • Tom Gimer
business profile image
Gimer Law

Loading replies...