05-30-2014, 09:54 AM
Unmaintained infrastructure disclosure would follow the plat. Prospective buyer required to sign indicating they "read and understand" the disclosure.
Basically, same way CC&R or "mandatory road fees" are a required disclosure, but in reverse. Maybe a blanket disclosure for any lot on a "privately owned" road that has no mandatory fees.
The lack of pavement is readily apparent to anyone who bothers to perform due diligence -- however, the implications are less clear, and easily missed.
Basically, same way CC&R or "mandatory road fees" are a required disclosure, but in reverse. Maybe a blanket disclosure for any lot on a "privately owned" road that has no mandatory fees.
The lack of pavement is readily apparent to anyone who bothers to perform due diligence -- however, the implications are less clear, and easily missed.