Are there any legal concerns that we should have if a neighbor has asked us to change our deed to new survey coordinates?
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Are there any legal concerns that we should have if a neighbor has asked us to change our deed to new survey coordinates?
We own a house on approx 1.3 acres. The bordering property is being sold and the owners have informed us that our land survey is incorrect. They wish to resurvey and want us to pay for the corrective deed(s) for our legal description. This sounds a little odd as we have owned the property for several years now and are not currently selling. I am wondering what legal guidance there is for us.
Asked on January 20, 2011 under Real Estate Law, Oklahoma
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
Speak with a real estate attorney before agreeing to anything! Changing your deed changes what you own--it could be good in some ways (possibly adjusting taxes) but bad in many obvious ones (e..g you find you own less land than you thought you did). You do NOT have to take your neighbor's assertion that your land survey is incorrect at face value, and you do NOT have to make any change to your deed unless (1) they sue you and (2) prove their case. Speak with a real estate attorney to see what the possible ramifications are and how best you should respond to preserve your rights and economic or financial interests. Good luck.
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