Hi All,
I am in the process of purchasing an abandoned Right of Way adjacent to my property from the POA. They do not want to pave it, and I said I would entertain the purchase and construction of a personal drive on my own.
After consulting their attorney they asked to use a Quit Claim deed for the transaction, which I am hesitant to accept - would rather have at least a Deed without Warranty or better. I spoke with the County Planning & Development Department and their steer is this property would need to go through an abandonment process and re-platting to be adjoined to my parcel. I assume the POA doesn't want to deal with any of this as part of the transaction hence the Quit Claim.
My goal is to buy this land, construct a simple road, and sell it - but I worry about investing in this land if it will not be marketable with a Title Company for another purchaser.
What are you experiences, and thoughts on this scenario (beyond go talk to an attorney, I am already working on that)? Thank you!