Encroachment
am 11.11.2005 21:49:41 von NeighborHi, All,
We are buying a tiny single family house. Escrow closing is sheduled
next Tuesday. This week's survey found out the property wall encroached
into the neighbor for about 1 feet. The seller's agent is talking with
the neighbor.
My realtor said that most likely the neighbor will acknowledge this and
require "no action". I am little worried. What if at first month after
the closing, the neighbor asks us to take down the wall? The cost will
totally fall on me.
Is there a better term to protect us? In this case, is escrow on our
side?
Thanks,
Hong