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The land that backs up against my property in CO. is not accessible for public maintenance. I live in a new development in Falcon Colorado.

The person that represents the water district told me they were going to fence in the wetlands leaving a piece of property that is only accessible from my yard. He also said that if I wanted I could maintain it! I was at a party telling this story and someone said that I could petition for it based on the fact that they are required to maintain it and it would be more costly (actually impossible) to maintain it & therefore would give it to me or possibly sell it to me for $ 1.00.00

Is any of this true and how can I research it?

Thanks in advance and as you can imagine, after paying a $40,000.00 lot premium for my house I’m just now feeling like I may not have been ripped off (or over charged) after all!

If anyone out there has some advice on what I should do next would be great!

Corey

2006-10-10 02:02:33 · 4 answers · asked by Anonymous in Business & Finance Renting & Real Estate

4 answers

as far as my knowledge goes in Home Finances and Property.
The goverment might sell it to you. Never give it though.
Find out from the counsel what the square meters are of the land. Get the asserssors to quote you from a deed search the Value of property Stands in the Area.
Ask yourself how much your property is worth and what goes in for the vacant Stand or Erf.

Then make a offer of about 15% below going rate. They might say yes because no one else will buy.

Unless they are going to use that vacant land for a mobile phone tower. Then Id sell if I were you lol.

2006-10-10 02:08:53 · answer #1 · answered by diarubie 5 · 0 0

Well sounds all wet to me. First of all they can not use your property to access their property without a proper easement on your property. If they claim they have an easement on your property and it is not shown by the record then it's a taking without compensation and it is not allowed. If on the other hand it is shown by the record that should have been listed on your title insurance policy as an exception also look at the required disclosures when you purchased. Given that these are puportedly wet lands, there is the issue of mosquitoes and the diseases associated with them so you would be at risk if they dont concern themselves with the stopping of such risks to you. There is also the issue of moisture laden soils that could seep into the grounds in your property potentially causing moisture related damage such as but not limited to mold. If I was you I would concern my self with potential damages and health concerns to my family first instead of acquiring the property. I would speak with an attorney in your area as soon as possible. You can probably get assistance in locating the right attorney here: State bar Association: http://www.cobar.org/
Buena Suerte

2006-10-10 09:25:51 · answer #2 · answered by newmexicorealestateforms 6 · 0 0

Assuming that the property is owned by a governmental entity you'll have to see if they'll sell it to you.

If it were privately owned, and if you occupied it openly and notoriously for whatever period is specified in CO law for adverse possession, and if you paid the taxes on the property for that same period, it would become yours under the rules of adverse possession.

However, a private citizen cannot claim land owned by the government under adverse possession.

2006-10-10 09:55:20 · answer #3 · answered by Bostonian In MO 7 · 0 0

Contact a Real Estate Attorney. Hope this helps.

2006-10-10 21:50:42 · answer #4 · answered by bobbie e 3 · 0 0

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